What is a Cash and Carry Trade?
Cash and Carry (C & C), specifically a self-service wholesale model of a warehouse-type mall, where customers choose their own goods, pay cash and ship the goods away.
Cash and Carry
Right!
- Chinese name
- Cash and Carry
- Meaning
- Self-service wholesale model of warehouse mall
- Features
- Easy-to-read product display at a glance
- Introducer
- Germany
- Cash and Carry (C & C), specifically a self-service wholesale model of a warehouse-type mall, where customers choose their own goods, pay cash and ship the goods away.
- The cash-and-carry system is a management model and business model. It has the following characteristics:
- 1. The use of industrial large shelves for sales and inventory, the product display is clear at a glance, and easy to pick up;
- 2, has extremely rich fresh goods. In Metro, there are more than 20,000 kinds of fresh vegetables, fresh meat, agricultural products, daily necessities and clothing;
- 3. Strict quality control. The inventory and reordering of each product are strictly managed.
- China's traditional wholesale business deals in a relatively small number of goods and delivers them to customers. "Cash and Cash" was brought to China by METRO Group, a leading global retail trade group.
- Metro's cash-and-carry system originated in the business-to-business field and provides services to member customers of different types of occupations or businesses. Focus on providing wholesale services to professional customers. These professional customers are mainly hotels, restaurants, bars, cafes, restaurants, retailers, service providers, freelancers, bulk customers, government departments and agencies.
- Metro came to China in 1995 and cooperated with the famous Chinese Jinjiang Group to establish Jinjiang Metro Cash & Carry Co., Ltd. In 1996, Metro opened its first warehouse store in Shanghai. Entry with a membership card; cash purchases, credit cards can not be swiped, but checks can be used; compared with traditional delivery and wholesale, the advantages of cash-and-carry are the better cost-effectiveness, the wide range of food and non-food categories, and instant access to goods , Longer business hours.
- Metro's cash-and-carry model has been well implemented and implemented in China, but it does not mean that there is no change. Although Metro's membership customers are mainly merchants, they also issue membership cards to families and individuals. Although it was taken away by itself, larger products are also delivered. METRO has also established a quality control department, which is directly linked to each department to ensure the quality of daily supplies, especially in fresh food. METRO has also specially invited many French experts to operate.