What is MOQ and How Does it Affect Your Business?
In the world of eCommerce, managing inventory is crucial for the success of a business. Striking the right balance between meeting customer demand and avoiding excess stock is a delicate task. To complicate matters further, many manufacturers and suppliers implement a concept known as Minimum Order Quantity (MOQ). In this article, we will explore the meaning of MOQ, its importance, how to calculate it accurately, and more