Third-Party Logistics, or 3PL, is a partner or service that aids online retailers in managing their supply chains. Common 3PL services include managing warehouses and inventories, orders, shipping, retail distribution, exchanges, and returns.

A/B testing, also referred to as split-run testing or bucket testing, is an experiment in which two or more variations of the same thing are contrasted with one another to determine which one performs better. After presenting two versions at random to the audience, performance is evaluated using ab test statistics. 

Inventory categorization is done using ABC analysis. The ABC analysis is a method through which  inventories are arranged as per their value or importance in terms of revenue generation. As a result, the inventory is divided into three groups (A, B, and C) according to the estimated importance of each. ‘A’ items are the most […]