Summarize the key features, advantages, and disadvantages of "purchasing by cash and carry" and "purchasing by paid reserve".

Here's a summary of the notes: PURCHASING BY CASH AND CARRY This method is used by small and medium establishments whose orders are not large enough for regular delivery. The purchaser visits a wholesale warehouse, selects products, compares prices, pays immediately (cash or cheque), and transports the goods themselves. Advantages: Competitive prices. No minimum order levels. Allows frequent visits and low stock levels. Access to a wide range of products for selection. Disadvantages: No delivery services. Credit is not available. Product availability can be restricted occasionally. PURCHASING BY PAID RESERVE This method ensures a continuous supply of important menu items for restaurants. Caterers buy large quantities of a commodity in advance to cover future needs. Send me the next one 📸