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MyBX · Business Exchange ↗Global Market · Products & sourcing

MOQ, bulk orders and trade terms

Updated

MOQ means the minimum quantity a quotation will use. On this site it is the number in the listing’s minimum-quantity field when that field is present. When the field is absent, do not invent a minimum: it is quote on request.

Bulk listings

A bulk listing may describe a carton or another pack. Read the pack contents in the specification before you multiply a quantity. An indicative amount, when shown, is the listing’s figure for that pack. It is not a promise that the same figure will be confirmed, and it is not a freight quote.

What a later quotation separates

When the team issues a quotation through this system, the proposal shows product, shipping and assessed tax as separate lines. Amounts that have not been assessed, including duties the quotation does not name, are not included. No payment is collected on the site.

Naming a trade term

If you want a trade term, write the Incoterms 2020 rule and the named place in the request. This page does not copy the ICC rule text. CIPS’s procurement introduction is a useful background for why the request should state quantity and responsibility for carriage; the request fields on this site are the ones that will be saved.

Open bulk and wholesale deals or send a sourcing request.

Related categories

Bulk & Wholesale Deals

Related listings

Start a sourcing request

Sources

  1. Incoterms 2020 — International Chamber of Commerce
  2. What is procurement? — Chartered Institute of Procurement & Supply