Time to market

Time to market

The length of time it takes to get a quality product into the marketplace. Faster time to market is a critical business objective for all manufacturers. Companies in every industry are using speed as a competitive weapon. The goal is to get to market with a new product (or a better quality product) quicker than anyone else. Being the first to market can increase a company's profit margin and its market share.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Manufacturing
Category: Contract manufacturing
Company:
Product:
Acronym-Abbreviation:

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Related terms

time-to-market

Manufacturing;

he length of time it takes from a product being conceived until its being available for sale.

time-to-market

Semiconductors;

Time to market (TTM) is the length of time it takes from a product being conceived until its being available for sale.

time-to-market

Software; Supply chain

The cycle time between product conception and fulfillment. Reduction in time-tomarket is a significant competitive advantage in industries with short product life cycles.

time to market

Manufacturing; Contract manufacturing

The length of time it takes to get a quality product into the marketplace. Faster time to market is a critical business objective for all manufacturers. Companies in every ...

market

Professional careers; Sales

All the buyers and potential buyers of a product who profess some level of interest in it and who can afford it.

market

Economy; International economics

1. The interaction between supply and demand to determine the market price and corresponding quantity bought and sold. 2. The determination of economic allocations by ...

Foxconn

Manufacturing; Contract manufacturing

Founded in 1974 in Taiwan, Hon Hai Precision Industry Company Ltd., the anchoring company of Foxconn Technology Group, is a leading provider of contract manufacturing service to ...

panelization

Manufacturing; Contract manufacturing

A general term in CAM editing refers to step/repeat and other CAM editing to prepare data in panel format.

parameters

Manufacturing; Contract manufacturing

The variables which determine the dimensions of a machined part as well as the operational sequence of the machine tools used to produce the part.

photo plotting or photo plot

Manufacturing; Contract manufacturing

Photoplotting is an electronic optical process to scan rasterized image data on films. Some times referred to as laser plotting.

plated-through

Manufacturing; Contract manufacturing

Types of holes on circuit board generally used as for component pins and vias. The wall of these holes/slots are plated thus circuit between layers are connected.

push-back

Manufacturing; Contract manufacturing

A PCB panel format with board units punched out form the panel then reset back into the same location by a second operation.

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