Glossary

Unlocking Clarity in Supply Chain

Minimum Quantity Commitment (MQC)

Minimum Quantity Commitment (MQC) – Refers to an agreement between a buyer and a seller, typically in the context of long-term supply contracts, where the buyer commits to purchasing a minimum quantity of goods or services over a specified period. This commitment ensures a certain level of revenue for the seller and provides assurance for production planning and investment in capacity.