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019 – Get Set for Manufacturing Challenge: Day 4

What is an MOQ and why do manufacturers have them?

A minimum order quantity (or MOQ) is the lowest amount that a manufacturer is able to make of a certain product.

The manufacturer generally sets their MOQ based on how many of a production run they need to make in order for it to be viable for them.

MOQs can vary from manufacturer to manufacturer – and there is always a way to negotiate them, as you’ll discover in this episode.

 

This episode is the third in a series of 5 podcasts that accompany my Get Set for Manufacturing Challenge.

Each episode tackles one of the 5 key things that you need to consider if you want to start working with a a UK manufacturer.

To take part in the challenge go to makeitbritish.co.uk/getset and I’ll send you all the details.

The show notes for this podcast along with a full transcript can be found at makeitbritish.co.uk/019

 

Get Set for Manufacturing Challenge

If you are looking to manufacture in the UK but don’t know where to start, join our Get Set for Manufacturing Challenge and be factory-ready in 5 days!

Subscribe to this podcast – and support UK manufacturing 

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