Common business-to-business commerce and sourcing terms.
Dropshipping is a retail model in which a seller takes customer orders but does not hold stock; instead, the supplier ships the pr...
Minimum Order Quantity — the smallest quantity of a product a supplier is willing to sell in one order.
A purchase order (PO) is an official document issued by a buyer to a supplier that confirms an order — specifying products, quanti...
A Request for Quotation (RFQ) is a formal document a buyer sends to suppliers asking them to quote prices and terms for specific p...