What does rq mean in shipping

What Does RQ Mean in Shipping?

Shipping is an essential part of the business world, and understanding the terminology is key to successful operations. One of the terms you may come across is “RQ”, which stands for “Release Quantity”.

What is Release Quantity (RQ)?

Release Quantity is the amount of product that is released for shipment to a customer. It’s the amount that the customer has ordered, minus any returns or adjustments. The RQ is the amount that the customer will actually receive.

Why is Release Quantity Important?

The Release Quantity is important for two reasons. First, it ensures that the customer receives the correct amount of product. If the amount of product is incorrect, the customer may not be satisfied with the order, and may even return it. Second, it helps to ensure that the customer pays for the correct amount of product. If the amount of product is incorrect, the customer may be overcharged or undercharged for the order.

How is Release Quantity Calculated?

The Release Quantity is calculated by subtracting any returns or adjustments from the total amount of product ordered. For example, if a customer orders 100 units of a product, but 10 of those units are returned, the Release Quantity would be 90 units.

Conclusion

Release Quantity (RQ) is an important concept in shipping, as it ensures that the customer receives the correct amount of product and is charged the correct amount. It is calculated by subtracting any returns or adjustments from the total amount of product ordered. Understanding RQ is key to successful shipping operations.

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