The word MOQ may come up while you are searching for new products to sell. The MOQ, or Minimum order quantity, is an important number that is frequently used to indicate this to suppliers. MOQ is basically the least quantity of a product a supplier will produce for a certain order.
But how do they come up with a MOQ? Yes, it is not a random number that a supplier comes up with. You might already be aware of how difficult it can get to persuade a supplier to come close to terms. In this article, you will learn not just MOQ aka Minimum order quantity but all the initiatives you can take to manipulate the surrounding factors for your benefit and success while keeping a healthy rapport with your supplier of choice.