Simple English definitions for legal terms
Read a random definition: dead stock
Drop-shipment delivery is when a company sends their products directly to the customer instead of sending them to a middleman first. This means that the customer gets their order faster and the company saves money on shipping costs. Sometimes, if a middleman is involved, they may still get a portion of the profit from the sale.
Drop-shipment delivery is when a manufacturer sends goods directly to the consumer instead of sending them to a wholesaler first. The wholesaler may still receive a portion of the profit if they take the order.
These examples illustrate how drop-shipment delivery works. Instead of the manufacturer sending the goods to a middleman (wholesaler), they send them directly to the end consumer. This can save time and money for both the manufacturer and the consumer.