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who is wholesaler? explain the services of wholesaler to manufacturers?
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who is wholesaler? explain the services of wholesaler to manufacturers...
**Wholesaler: An Overview**

A wholesaler is a key intermediary in the distribution channel, bridging the gap between manufacturers and retailers or other businesses. They purchase goods in large quantities directly from manufacturers and sell them in smaller quantities to retailers or other businesses. Wholesalers typically operate on a business-to-business (B2B) basis and play a vital role in the supply chain.

**Services of Wholesaler to Manufacturers**

1. **Bulk Purchasing:** Wholesalers buy goods in large volumes from manufacturers. This allows manufacturers to sell their products in bulk quantities, which can be more cost-effective and efficient compared to selling them individually to retailers. By purchasing in bulk, wholesalers help manufacturers streamline their production processes and reduce inventory costs.

2. **Storage and Warehousing:** Wholesalers provide storage and warehousing facilities for the goods purchased from manufacturers. This is particularly beneficial for manufacturers who may not have adequate storage space or logistics capabilities to handle large volumes of products. Wholesalers ensure that manufacturers' products are stored safely and securely until they are sold to retailers or other businesses.

3. **Inventory Management:** Wholesalers take on the responsibility of managing inventory levels for the products they purchase from manufacturers. They keep track of stock levels, monitor demand trends, and ensure that products are available when retailers or businesses require them. This relieves manufacturers from the burden of managing inventory and allows them to focus on production and product development.

4. **Distribution and Logistics:** Wholesalers play a crucial role in the distribution and logistics of goods. They have established networks and relationships with retailers, which enables them to efficiently deliver products to the intended destinations. Wholesalers handle the transportation, packaging, and delivery of goods, ensuring that manufacturers' products reach the market in a timely and cost-effective manner.

5. **Market Insights and Feedback:** Wholesalers are in direct contact with retailers and end consumers. This gives them valuable insights into market trends, consumer preferences, and feedback on manufacturers' products. Wholesalers can provide manufacturers with information on product performance, market demand, and competitor analysis. This helps manufacturers make informed decisions regarding product improvements, marketing strategies, and future product development.

In summary, wholesalers play a crucial role in the distribution channel, offering services such as bulk purchasing, storage and warehousing, inventory management, distribution and logistics, and market insights to manufacturers. By partnering with wholesalers, manufacturers can focus on their core competencies while benefiting from the expertise and efficiency of wholesalers in reaching the market effectively.
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who is wholesaler? explain the services of wholesaler to manufacturers...
A wholesaler is a person who buys a huge amount of goods directly from the manufacturer.
Services to manufacturer-
* Give instant payment
* Helps to reduce burden and to focus on manufacturing
* Gives advice to manufacturers about customer choice.
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Read the following passage and answer the questions that follow:The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing index numbers of wholesale price in India for the month of June, 2020 (Provisional) and for the month of April, 2020 (Final).In view of the limited transactions of products in the wholesale market in the month of April, 2020, due to spread of Covid-19 pandemic, it has been decided to release the Price Movement of selected Subgroups/Groups of WPI.Provisional figures of Wholesale Price Index (WPI) are released on 14th of every month (or next working day) with a time lag of two weeks of the reference month and compiled with data received from institutional sources and selected manufacturing units across the country. After 10 weeks, the index is finalized and final figures are released and then frozen thereafter.The annual rate of inflation, based on monthly WPI, stood at (– 1.81%) (Provisional) for the month of June, 2020 (over June, 2019) as compared to 2.02% during the corresponding month of the previous year.The index for the primary articles increased by (2.28%) to 139.3 (provisional) in June, 2020 from 136.2 (provisional) for the month of May, 2020. Prices of Crude Petroleum & Natural Gas (16.30%), Food Articles (1.97%) and Non Food Articles (1.71%) increased as compared to May, 2020. Prices of Minerals (– 1.72 %) declined as compared to May 2020.Q. Which index number is being prepared by the office of Economic Adviser, Department for Promotion of Industry and Internal Trade?

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who is wholesaler? explain the services of wholesaler to manufacturers? Related: Wholesale Trade - Internal Trade, Business Studies (BST), CBSE Class 11
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