Glossary

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5PL is a recent addition to the logistics industry, denoting the concept of complete logistic integration through multiple outsourced providers. This approach involves a fully integrated logistics solution that spans the entire supply chain, from start to finish, with the aid of numerous outsourced service providers. To achieve this, effective integration of IT and computer systems is essential to provide real-time visibility and control over the entire supply chain, regardless of the number of different suppliers involved.

Related Glossaries

Drop-offs

Drop-off is an activity that happens in the purchasing journey of an online shopper. Whenever a customer goes through a bad experience like filling of long and verbose forms at checkout or multiple page redirects, customers leaves the site and does not complete the checkout journey.

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Social Media Share/Share Button Clicks:

Many websites include social media share buttons that allow users to share content on their social media profiles. Clicks on these buttons indicate a user's interest in sharing the content.

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Shipping Label

A shipping label is a physical document that is very crucial for successful shipping. Shipping label consists of all the necessary information such as the origin address, a destination address, tracking Barcode, etc that guides delivery agents and various stakeholders from picking up the shipment to the final delivery, It is very important for the sellers to carefully stick the label on the shipment to avoid failed deliveries, missing or lost goods, stc.

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Last mile delivery

Last-mile delivery, also referred to as last-mile logistics, is the transportation of goods from either a transportation hub or a retail store to the final destination where they will be delivered to the end customer. Last-mile delivery represents the final leg of the delivery process.

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