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pdf (22.8 MB) - METRO Group

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<strong>METRO</strong> gROUP : ANNUAL REPORT 2011 : sERViCE<br />

→ GlossaRY<br />

solar-powered air-conditioning<br />

air-conditioning technology using solar power<br />

that can cool and heat stores or other buildings<br />

with the help of solar collectors and an absorption<br />

refrigeration system.<br />

supply chain<br />

various processes that contribute to a company’s<br />

value creation. at MeTRo GRoUp, this includes logistics,<br />

marketing and sales, among other things.<br />

supply chain councils<br />

Monitoring bodies for the activities of the<br />

former cross-divisional service company<br />

MGl MeTRo GRoUp logistics in the countries where<br />

several MeTRo GRoUp sales divisions operate.<br />

T Trading-up strategy<br />

Quality improvement of a retail group’s offering,<br />

for example through larger product assortments, a<br />

higher level of quality, more comprehensive services<br />

and a more sophisticated store design.<br />

→ p. 294<br />

V Vertical provider<br />

provider with a deep product range who generally<br />

controls the entire supply chain – from development<br />

through manufacturing to sales.<br />

W weighted Average Cost of Capital (wACC)<br />

This metric describes the average weighted cost that<br />

a company must pay for capital. It is composed of<br />

average debt capital costs and average equity capital<br />

costs. The WaCC facilitates the measurement of a<br />

company’s value.<br />

wholesale<br />

a trade format where merchandise is sold to commercial<br />

resellers, processors or commercial users.<br />

Metro Cash & Carry is the wholesale division of<br />

MeTRo GRoUp.

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