Glossary

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Cross docking is one of the techniques to bring down distribution costs significantly in logistics. It refers to the direct unloading of goods from one mode of transportation to direct customer or another mode of transportation, eliminating the need of keeping inventory in storage. Thereby. reducing reducing costs. Cross docking takes place at distribution docking terminals where activities like sorting, consolidating, distributing takes place.

Related Glossaries

Weight Reconciliation

Weight reconciliation ensures that the shipment weight is consistent, there is no different between trhe weight given by the seller and the weight calculated by the courier partner. This practice eliminates the hassle of weight discrepancy and revenue loss from excessive fees.

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Consignee

Consignee is typically the owner of the shipment. It is the person who is finally going to receive the order. There are three stakeholders in the process of the shipment that are consignor, the consignee, and the carrier. Consignor is the seller who ships out the goods via a carrier. A consignee should always be present at the time of delivery.

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Shipping charges

The shipping charges or total shipping cost comprises of the following components - freight cost (extra charges for RTO could be added under this head), cod collection charges, fuel surcahrges any other additional fee (this varies from courier to courier and can increase detrimentally on case hidden charges or costs are added)and GST (18% according to previaling norms)

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Checkout

The final stage in a customer's online purchasing process is the checkout. Consumers have to provide shipping information as well as select the methods of payment availaible on the website. The simplicity of your online store checkout procedure will also affect your website conversion rate.

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