Minimum Order Policy

A minimum order quantity is often seen as a necessary evil in wholesaling, retailing, and manufacturing.

Some businesses like it, some businesses hate it, and some businesses have to use it.

But what is a minimum order quantity exactly? What are its benefits for suppliers? And how do buyers effectively deal with it?

Read on to answer all of these questions and learn how suppliers can use minimum order quantities to their advantage and how buyers can make it worth their time.