eCommerce Wordbook

Forecast

Logistics Glossary

An estimate of future demand. A forecast can be constructed using quantitative methods, qualitative methods, or a combination of methods, and can be based on extrinsic (external) or intrinsic (internal) factors. Various forecasting techniques attempt to predict one or more of the four components of demand

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Order Shipped: What It Really Means and What Happens Next

Ever get hit with questions like, “How do I track my package?” or “Why’s my stuff taking so long?” And what about “Order Confirmed” vs. “Dispatched” vs. “Shipped”? Aaah! If you’re running a store, you’ve probably heard them all. Good news! This guide is your cheat sheet for understanding all those

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