A benefit allowing customers to delay paying for their purchases by a certain number of days. For many manufacturers, this allows their product stock to rotate and incoming funds to be processed before having to pay for new raw material inventory. This is a beneficial service offered by a seller only to dependable customers with positive credit ratings and references from past business interactions.
The total price of a product, including any taxes, additional fees and shipping costs. This is the price of the product, landed at the customers warehouse doors. It is the most important cost to consider as a customer is doing comparisons.
A drum is a common industrial packaging size in a cylindrical shape, with a hole on top used to get the oil out. In the food manufacturing industry, these drums are typically made out of steel. Plastic, cardboard, wood, and other materials are sometimes used for other purposes. Centra Foods carries the most common 55 gallon size.
Packaging that is either recyclable, BPA free, or reduces the amount of left-over packaging material that must be disposed of.
Oil that is pressed using mechanical pressing or spinning means only, without the use of an chemicals, additives or solvents.
See Refined Olive Oil. The term ‘lite’ has to do with the taste of the oil, rather than the caloric intake. See Refined Olive Oil. The term ‘lite’ has to do with the taste of the oil, rather than the caloric intake.
Extra Virgin Olive Oil (also known as EVOO) is the highest grade of olive oil, available in both traditional and organic varieties. To make Extra Virgin Olive Oil, the olives are first harvested and washed with cold water. They are ground into paste and spun in a centrifuge to extract this initial, high-quality oil. Typically, this process occurs within 24 hours of picking the olives from the trees. By definition, EVOO is known as the “first, cold-press”, though it’s actually spun instead of pressed in modern systems. It is technically an olive fruit juice, because it is simply the liquid extracted from the fruit of the olive.