An order to buy a large quantity of a product at once. This may occur at either the retail or the wholesale levels. For example, a stores often make larger orders because they want to minimize the costs to purchase and receive merchandise. Buying in bulk is usually less expensive per unit than buying in small quantities, because marginal costs tend to decrease the more a business produces or sells.
« Back to Glossary IndexCategories
Recent Posts
- MicroBiz Named 2021 Best Salon POS Software December 9, 2020
- COVID Pandemic’s Impact on Contactless Payments August 5, 2020
- MicroBiz POS President to Participate RSPA Academy Online Symposium on Aug. 26-27 August 4, 2020
- MicroBiz Partners with POS Portal to Sell and Support POS Hardware May 15, 2019
- MicroBiz President to Present at Software Executive Executive Forum July 7, 2018