A few key terms come up in every manufacturer conversation. Here is what MOQ, lead time and turnkey actually mean.
Key takeaways
- MOQ is the minimum units per product/run.
- Lead time is order-to-delivery duration.
- Turnkey means end-to-end, ready-to-sell production.
MOQ
Minimum Order Quantity - the smallest number of units a factory will produce per product or per run. Lower MOQs reduce a startup's risk.
Lead time
The time from confirmed order to finished goods, covering production, filling, packing and sometimes notification. Plan around it.
Turnkey
A turnkey manufacturer handles everything - formulation, testing, packaging, regulatory and production - so you receive a finished, ready-to-sell product.
Guidance compiled by the OEMHallmark research desk. Always verify current certifications, MOQs and terms directly with each manufacturer.