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General Line Grocery Merchant Wholesalers, SOP Manual

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This article discusses “General Line Grocery Merchant Wholesalers and its Sop Manual”. This US industry comprises establishments which are primarily engaged in the merchant wholesale distribution of a general line of groceries. The total revenue and annual payroll are $204,065,979,000 and $9,123,959,000 respectively in 2017. The average revenue and profitable are $740.0 thousand and 76% respectively in 2018.

Industry Process:

General Line Grocery Merchant Wholesalers industry process starts with purchasing of products from manufacturing industies and involved in sale to retailer or end use customer. These equipment are purchased based on the current demand for the product in market. Due to bulk purchasing activities the wholesalers receives the good from manufacturers at low retail price, and in major case the wholesaler determines the products price to retailers or end use consumers, Advertisement and promotion activities are performed through various streams in order to catalogue the products to retailers and then comparing with retailers and manufacturers, the risk of business and sales process in low for wholesaler. Finally, the purchased goods are allowed for arranging & sorting process and then, they are distributed for sales to retailers or end to consumers.

Steps involved in this industry:

  • Product Acquisition
  • Warehouse and Storing
  • Transportation and Logistics
  • Grading
  • Assembly of Products
  • Marketing and Promotion
  • Sales and Finance
  • Risk and Management
  • Pricing
  • Packing and Distribution

The North American Industry Classification System (NAICS) has grouped services and activities associated with General Line Grocery Merchant Wholesalers under the NAICS industry code 424410. The following list shows some activities that are associated with industry 424410,

  • Food, general line, merchant wholesalers
  • General line groceries merchant wholesalers
  • Groceries general line, merchant wholesalers.

SIC Code:

  • 5141 - Groceries, General Line

Few of the World’s best companies in this industry are,

You Tube:

https://youtu.be/Ib12-Oq4bil

Written by SOP Team

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