E-commerce is gaining popularity with the ease of fast shopping and shipping. Now consumers will no longer have to invest long hours to shop, as each item is easily available online, which they can compare and purchase. The shipping process is intriguing and interesting. We have already discussed part general arrest jargons one that you should be aware of. Here are some other shipping termsin the second part known.
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ETA: The expected time of arrival (ETA) indicates the time of arrival of the recipient of shipping carriers, which includes both traders and clients. Traders can pick their return products, customers can get their ordered items.
EDT: The expected departure time (EDT) indicates the timing of the aircraft carrier or the sailing post of the ship during their freight stocking.
Bill of Leading: The government agreement to arrest between seller and carrier is entered into through bill of lading. It indicates the terms and conditions and statements for shipping merchandise as agreed upon by the merchant. It acts as a receipt for products.
Freight Rate / Base Rate: Courier companies charge the lowest rate for shipping, which is called base rate. This base rate is based on 0.5 kg per kg or parcel. Prices are independent of current fuel charges, taxes, and covered distances.
SKU: Stock Keeping Unit (SQU) indicates an item identification code for shipping by air. The purpose of providing unique identification numbers is to separate the product and its features from the rest of the stock. This may include other references such as the size, brand, model and colour of the product.
Reverse Command Pickup: Reverse Command Pickup (ROP) indicates that courier company must take the predetermined order. ROP occurs due to an expected order by a disgruntled customer. Based on a request to send back from the customer, the merchant immediately releases the same information to the courier company.
Volumatic weight: Volumatic weight is calculated according to the volume of the product. Volume-matric weight ensures that appropriate charges are applied based on volume weight when the actual weight is low. For example, cotton traders provide traffic based on the volume weight, as it is underweight and does not occupy the space.
Weight payable: Chargeable weight is first evaluated by volumeatric weight and actual weight count. Chargeable weight is this weight, which is more than others. So, if the volumeistic weight is high, it is calculated as charged weight and if the actual weight is high, it is considered to be charged weight.
Missing order: Due to incorrect delivery delivery, and seizure by customs because the product is unrecognized, the package/order falls into the missing commands section. However, not immediately declared as order missing items, initial research went wrong tracking the number of airway bill numbers (AWB).
Fuel Surcharge: Additional charges are provided in orders due to increase in fuel price rate.
Delivery Charge Out: Out of Delivery (OD) charges are applied to an order when the product is claimed by the customer within the stipulated time.
We hope these conditions will help you to be aware of freight handling charges and will enable you to make wise hiring decisions if you are a merchant. And, if you are a customer, you know what you included in the purchase tag.