Home > Glossary > L > Last Mile Cost
Illustration

Last Mile Cost

Last mile cost represents expenses incurred in delivering goods from the final distribution point to the end customer. It includes transportation, labour, and logistics coordination. This cost is significant in e-commerce and retail, and proper tracking helps businesses optimise delivery efficiency and control overall distribution expenses.

More Items

Lease Term

Lease term refers to the duration over which a lease agreement is in effect, including non-cancellable periods and optional extensions…

Liquidation Value

Liquidation value is the estimated amount that could be realised if a company’s assets were sold quickly, typically under distressed…

Line of Credit

A line of credit is a flexible financing arrangement that allows businesses to borrow funds up to a predetermined limit…