THE MALL OF WHOLE SELLERS
AIM AND OBJECTIVE OF MALL OF WHOLE SELLERS
The idea to establish a State of Art Whole Market is to provide modern facilities to whole sellers, thus will ease the Business of Whole Sales. ADVANTAGES :
We offer transporter-traders and retail traders the following advantages:
• Improved handling operations: the market considerably reduces loading and unloading times
as well as repeated handling of goods between unloading and display; vehicles are also parked and unutilized for shorter periods;
• Easier introduction of innovation and new technology: the physical concentration of a large group of operators at the same place makes it easier to introduce innovation and to develop improved storage, handling and management technology and methods .
• Produce protection: goods are protected from the elements (rain, wind and sun) and stored under more hygienic conditions, thus reducing spoilage
• Reduced operating costs, savings in time, lower produce losses, fewer controls and illicit taxes;
• Access to a stable market with many customers and a fair, impersonal (equilibrium) market price which will constitute the reference price for cassava);
• Improved standards of hygiene at the market and the availability of ancillary services (banking, repairs, fuel, etc.);
• Increased use of standard weights and measures;
• Greater price transparency and better vertical coordination of the marketing system; and
• Reduced marketing risks.
• Offers special opportunities for setting up market information systems, with emphasis being placed on full, fast and reliable information. Full information in this context covers the quantities of produce marketed, stored and transported; the range of products, stocks, sources, destinations, varieties, quality and packaging; and market and price Control.
• Stability of supply and sale of produce: the existence of centralized physical locations, known and easily accessible to operators, reduces the number of intermediaries in the distribution pipeline and improves the flow of information between operators, both upstream (growers and collectors) and downstream (wholesalers and retailers), thus reducing uncertainty concerning supplies and completion of sales transactions;
• Improved market information (especially on prices): the centralization of transactions that occur in modern wholesale markets enhances the collection, processing and wide dissemination of accurate market information, hence improving the quality of enterprise investment decisions as well as promoting efficient resource allocation in the economy in general and food production and distribution in particular.
• Specialization of traders: the separation of wholesale and retail functions encourages specialization by traders leading to efficiency and lower distribution costs.
• Enhanced competition leading to improved efficiency in the exchange process (efficiency in resource allocation and price) and facilitating price discovery;
• Improved inspection, quality control, sorting and grading according to quality encourage the use of standard weights and measures and improved standards of hygiene in the sale of produce (especially of perishables).
• Increased volume of produce marketed and quality differentiation: the reduction in the number of intermediaries in the food marketing chain and consequent increase in the tonnage handled by individual traders or the scale of their operations tend to lower distribution costs (especially the cost of transporting produce) and also encourage efficient sorting and grading which facilitates trade in produce of different quality.
• Reduced operating costs, savings in time, lower produce losses, fewer controls and illicit taxes.
• Access to a stable market with many customers and a fair, impersonal (equilibrium) market price which will constitute the reference price for cassava).
• Improved standards of hygiene at the market and the availability of ancillary services (banking, repairs, fuel, etc.).
