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[SOLVED] Difference b/t Sell side shipment and buy side Shipment

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  • [SOLVED] Difference b/t Sell side shipment and buy side Shipment

    Hello All,

    I am trying to understand what exactly sell side and buy side shipment used for? and in what in scenario? Please shed some light with example and that will be good start for me.. thanks

    Vinoth
    Thanks,
    Vinoth Gopalakrishnan
    http://www.vinoth.co/
    Reach out for OTM/GTM - Transportation/Logistics and Blockchain Consultations/Strategy

  • #2
    Re: Difference b/t Sell side shipment and buy side Shipment

    Hi Vinoth

    For the transportation services you buy from the carriers you create buy shipment and for the services you provide to the customers you create sell shipment.

    Regards

    Latha

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    • #3
      Re: Difference b/t Sell side shipment and buy side Shipment

      Dear Vinoth,

      Consider yourselves as a LSP, where you get orders from your customers which in turn you execute from your service providers. So the buy side is nothing but the services you are buying from your service providers and adding your margin to sell it to your customers by creating a sell side.

      Regards
      Ashoo

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      • #4
        Re: Difference b/t Sell side shipment and buy side Shipment

        basically the buy shipment is what you will pay the carriers, and the sell shipment is what you will get paid from the customers.

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