What is MOQ?

[jameswilliam]

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[jacobray]

MOQ stands for "Minimum Order Quantity." It is the smallest amount of a product that a supplier is willing to sell. Suppliers set MOQs to ensure that they cover production costs and achieve profitability. MOQs can vary widely depending on the type of product, the complexity of its manufacturing, and the supplier's policies. High MOQs can be a barrier for small businesses or startups, while low MOQs offer more flexibility. Understanding and negotiating MOQs is crucial for effective inventory management and cost control in supply chain operations.

Also, read more here on how to find clothing manufacturers for small businesses