METRO DECENTRALIZES PURCHASING RIGHT TO EXPAND BUSINESS
AsiaInfo Services, July, 2005
AsiaInfo Services 07-25-2005 METRO Decentralizes Purchasing Right to Expand Business CHINA, Jul 25, 2005 (SinoCast via COMTEX) -- METRO Jinjiang Cash & Carry Co., Ltd (METRO), a branch of METRO Group, is to decentralize the right of purchasing certain merchandise to branches in order to expand its business in Chinese market.The certain merchandise includes local vegetables, fruits, meat and etc.
In METRO, food takes up 60% and others 40%. Meat, vegetables and fruits are especially the indispensable parts of food. Before the decentralization, some local merchandise has to be collected to the headquarters in Shanghai and then distributed to branches. It wastes both a lot of time and money.After the decentralization, the branches' purchasing departments will...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
