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New to NetSuite | Minimum Order Quantity (MOQ)

edited Jun 26, 2023 9:52PM in Supply Chain Management

The Minimum Order Quantity (MOQ) refers to the lowest quantity that can be ordered or purchased for a particular product or service. It represents the minimum requirement set by the seller or supplier. This limit ensures that customers must meet or exceed the specified quantity when placing an order. 

For suppliers that are just getting started, or those that would like to implement an MOQ on some or all of their products, it’s important to be deliberate with the process. It takes more than simply announcing the new change or arbitrarily deciding on an MOQ that would be ideal for the supplier’s business without considering market conditions. Here are a few tips to consider before getting started.

Tiru Chembeti

SME & Sr. Functional Architect

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