Reading Time: < 1 minute 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.

Predictive modelling

Reading Time: < 1 minute A common statistical method for predicting future behavior is predictive modeling. Data-mining technology called predictive modeling analyzes past and present data and uses it to forecast future results.

Product page

Reading Time: < 1 minute A product page is a place that explains the description of a product along with its photographs.

Pricing rules

Reading Time: < 1 minute Pricing rules outline when and how much prices should change.

Point of sale (POS)

Reading Time: < 1 minute Point of Sale (POS) systems offer functions like inventory management, CRM, financials, and warehouse management instead of cash registers and credit/debit card readers. Some of the popular POS systems in the market includes: Square: Square is a popular POS system that offers both hardware and software solutions. It includes a mobile app and a card […]


Reading Time: < 1 minute PHP is a back-end programming language used to create powerful web frameworks.

Periodic inventory system

Reading Time: < 1 minute The periodic inventory system, as its name implies, keeps track of the amount of inventory on hand on a periodic basis, specifically at the start and end of a predetermined accounting period. Every purchase made in between inventory counts is accounted for under the purchases account during periodic inventory. The remaining balance in the purchases […]

Payment processor

Reading Time: < 1 minute A payment processor is a company appointed by a merchant to manage debit and credit card transactions.

Parent product

Reading Time: < 1 minute A parent product means a configurable product which could have multiple sizes, colours, shapes etc.

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