<cache>
<backend>memcached</backend><!-- apc / memcached / empty=file -->
<memcached><!-- memcached cache backend related config -->
<servers><!-- any number of server nodes can be included -->
<server>
<host><![CDATA[127.0.0.1]]></host>
<port><![CDATA[11211]]></port>
<persistent><![CDATA[1]]></persistent>
</server>
</servers>
<compression><![CDATA[0]]></compression>
<cache_dir><![CDATA[]]></cache_dir>
<hashed_directory_level><![CDATA[]]></hashed_directory_level>
<hashed_directory_umask><![CDATA[]]></hashed_directory_umask>
<file_name_prefix><![CDATA[]]></file_name_prefix>
</memcached>
</cache>
You will have to add the above code to your local.xml file which can be found in Magento_Root/app/etc/ directory. This code will precede right after the <global> tag. An example of the code can also be found in Magento_Root/app/etc/local.xml.additional .
Source: https://magenticians.com/configure-memcached-with-magento/
Source: https://magenticians.com/configure-memcached-with-magento/
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