What is catch weight meaning?

Catch weight refers to a system of inventory management and pricing in which products are priced based on their weight at the time of sale, rather than a fixed unit price. This is commonly used in industries such as seafood, meat, and produce, where the weight of the items can vary.

In a catch weight system, the price of a product is calculated based on the actual weight of the item at the time of sale. This allows for more accurate pricing and ensures that customers are charged for the exact amount of product they are receiving.

Catch weight systems can be beneficial for both consumers and sellers. Consumers are able to purchase products in the quantity they desire, and are only charged for the exact weight they receive. Sellers benefit from more accurate inventory management and pricing, reducing the risk of over or underestimating the value of their products.

Overall, catch weight systems provide a more flexible and accurate way of pricing and selling products based on their weight.