The basis of the distribution industry lies in settlement.

The basis of the distribution industry lies in settlement.

Recently, there has been an unresolved situation in the online open market.

Settlement is the payment of money within the promised date to the supplier, and it is common to have a problem with settlement, but it is not uncommon to use the funds to be paid to the supplier at will.

The agricultural wholesale market maintains a system called settlement on the day of shipment, and this is possible because wholesale corporations guarantee the credit of intermediary wholesalers.

In the case of a contract between a wholesaler and a supplier, the settlement of the price before delivery is required before the trust relationship is built, and on the contrary, distributors often check the completeness of the product first and confront it to pay, so contracts and settlements are made between the signatures in the form of paying the remaining balance after checking the product first.

Wholesale corporations are acting on behalf of the shipper, and in the event of an undecided situation, wholesale corporations do not damage farmers who pre-settle and ship them.

In addition, various legal safeguards have been created for smooth settlement.

This undefined situation in the open market seems to come from a lack of legal safety measures. In a way, larger regulations than agricultural and fishery wholesale markets should be introduced for safety settlement in online malls and open markets of a certain size or larger with many users.