Glossary of key terms

Tech Pack – Short for technical package, a document outlining how to assemble a product.

 

MOQ – Minimum order quantity is the least volume of product you can order from a supplier or a manufacturer.

 

Factory Representative  – A representative of a manufacturer.

 

Textile/Supply Agent – A person that will sell supplies at wholesale.

 

OEM – Original equipment order is a ready-made product bought directly from the factory.

 

FOB – “Free on Board” a shipping agreement between a manufacturer and a retailer where the retailer bears more cost.

 

CIF – “Cost, Insurance and Freight” a shipping agreement between a manufacturer and a retailer where the manufacturer bears more cost.

 

QC – Quality Control is the process to review and test new products.