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What Is 3PL Third Party Logistics and How Does It Fuel Ecommerce Growth
A 3PL (third-party logistics) provider is a partner you hire to manage the physical side of your ecommerce business, including warehousing, inventory management, and order fulfillment. Partnering with a 3PL allows you to offload daily operations so you can focus on growing your brand.
Mastering the Inventory Turnover Ratio in Days for Ecommerce
The inventory turnover ratio in days tells you exactly how long, on average, a piece of inventory sits on your shelf before someone buys it. Think of it as a stopwatch for your stock. A low number is fantastic—it means products are flying off the shelves. A high number? That’s a red flag that your cash is tied up in slow-moving goods.
Master Advanced Shipping Notification to Boost Efficiency and Visibility
An Advanced Shipping Notification (ASN) is a digital heads-up from your supplier. It details exactly what’s in a shipment, the precise quantities, and when it’s scheduled to arrive. Think of it as a detailed tracking update for an entire B2B shipment, giving you the complete picture before the delivery truck even pulls up.
3PL vs 4PL A Strategic Guide for E-commerce Growth
The 3PL vs 4PL conversation comes down to a simple question: are you looking for a partner to do the logistical work, or a partner to manage the entire process? A 3PL is your hands-on crew, physically handling warehousing and shipping. A 4PL acts as the general contractor for your supply chain, managing all the different players (including 3PLs) to ensure the entire system works together seamlessly.
Unlocking Your Inventory Turnover Days
Inventory turnover days is a metric that tells you, on average, how many days it takes for your business to sell its entire stock.
Think of it like the fresh ingredients in a restaurant’s kitchen. Inventory turnover days shows how quickly you use up all those ingredients to serve dishes before needing to restock.
A Practical Guide to Last Mile Delivery Services
Last-mile delivery is the final, crucial step in getting an order to your customer. It’s the journey a package takes from a local distribution hub to a customer’s front door, and it’s often the most expensive and complex part of the entire shipping process.