Retail trade services on a fee or contract basis
CPC v2.1 Code: 625
About retail trade services on a fee or contract basis
cpc code 625 covers the retail trade services industry, which plays a crucial role in the broader economy. This industry encompasses the provision of retail trade services on a fee or contract basis, where businesses or individuals outsource their retail operations to specialized service providers. These services can include activities such as merchandising, inventory management, customer service, and sales. The importance of this industry lies in its ability to help businesses, especially smaller ones, optimize their retail operations and focus on their core competencies.
Production process
The main production techniques used in the retail trade services industry involve the efficient management of retail operations. This includes processes such as inventory tracking, order fulfillment, customer relationship management, and sales reporting. Service providers in this industry leverage technology, such as point-of-sale systems and e-commerce platforms, to streamline these processes and provide a seamless retail experience for their clients.
Production inputs
The key inputs required for the retail trade services industry include a skilled workforce, technology infrastructure, and access to retail data and analytics. Service providers need to employ personnel with expertise in areas like merchandising, customer service, and logistics. They also require robust technology systems, such as inventory management software and customer relationship management (CRM) tools, to effectively manage their clients' retail operations. Additionally, access to comprehensive retail data and market insights is crucial for these service providers to make informed decisions and provide valuable insights to their clients.
Production outputs
The main output of the retail trade services industry is the provision of outsourced retail operations management for businesses. This can include services such as 623 Retail trade services on a fee or contract basis, 624 Wholesale trade services on a fee or contract basis, and 626 Repair and maintenance services on a fee or contract basis. The clients of retail trade service providers can range from small local businesses to large national or international retailers, who seek to optimize their retail operations and focus on their core competencies.
Family tree for retail trade services on a fee or contract basis
graph LR
A["<a href='/classifications/cpc/v2-1/6'>6: Distributive trade services; accommodation, food and beverage serving services; transport services; and electricity, gas and water distribution services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/62'>62: Retail trade services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/625'>625: Retail trade services on a fee or contract basis</a>"]
B --> D["<a href='/classifications/cpc/v2-1/621'>621: Non-specialized store retail trade services</a>"]
B --> E["<a href='/classifications/cpc/v2-1/622'>622: Specialized store retail trade services</a>"]
B --> F["<a href='/classifications/cpc/v2-1/623'>623: Mail order or Internet retail trade services</a>"]
B --> G["<a href='/classifications/cpc/v2-1/624'>624: Other non-store retail trade services</a>"]
C --> H["<a href='/classifications/cpc/v2-1/6251'>6251: Retail trade services on a fee or contract basis, of raw agricultural products and live animals</a>"]
C --> I["<a href='/classifications/cpc/v2-1/6252'>6252: Retail trade services on a fee or contract basis, of food, beverages and tobacco</a>"]
C --> J["<a href='/classifications/cpc/v2-1/6253'>6253: Retail trade services on a fee or contract basis, of textiles, clothing and footwear</a>"]
C --> K["<a href='/classifications/cpc/v2-1/6254'>6254: Retail trade services on a fee or contract basis, of household appliances, articles and equipment</a>"]
C --> L["<a href='/classifications/cpc/v2-1/6255'>6255: Retail trade services on a fee or contract basis, of miscellaneous consumer goods</a>"]
C --> M["<a href='/classifications/cpc/v2-1/6256'>6256: Retail trade services on a fee or contract basis, of construction materials and hardware</a>"]
C --> N["<a href='/classifications/cpc/v2-1/6257'>6257: Retail trade services on a fee or contract basis, of chemical and pharmaceutical products</a>"]
C --> O["<a href='/classifications/cpc/v2-1/6258'>6258: Retail trade services on a fee or contract basis, of machinery, equipment and supplies</a>"]
C --> P["<a href='/classifications/cpc/v2-1/6259'>6259: Retail trade services on a fee or contract basis, of other products</a>"]
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classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px
%% Apply classes
class A level1
class B level2
class C level3
class D level3
class E level3
class F level3
class G level3
class H level4
class I level4
class J level4
class K level4
class L level4
class M level4
class N level4
class O level4
class P level4
class C highlight
%% class A level1
%% class B,C level2
%% class D,E,F,G,H,I level2
%% class J,K,L,M,N,O,P level3
%% class C highlight