commodity product

commodity product

Equipment that is readily available for purchase. Referring to standard devices that are widely used, the same type of commodity product is often made by more than one company. See COTS and commodity machine.
References in periodicals archive ?
Since a commodity product offering can no longer provide itself with protective barriers of uniquely advantageous performance, it must be able to add value to its users in other ways if it is to survive at all.
Does anyone think that it is possible, for example, to compete with a Chinese manufacturer on a commodity product (even one that may not be boring)?
The exchange trades wheat, corn and bulk wine, but offerings could be expanded to include any commodity product.
One approach to innovation is that taken by Milwaukee-based Johnson Controls, which has expanded from assembling automobile seats, a commodity product, to providing complete auto cockpits.
In fact, the value-added sector employs approximately three times as many as commodity product manufacturers.
We continue to be treated as a commodity product," says McGuire, "and the proprietary work we do with the OEM's engineering staff is often scheduled to be sent out for bids from competing steel companies.
Now we can offer customers the best turkey brand and best commodity product from one single source.
offering Deutsche Bank's leadership in global currency and commodity product structuring with the exchange-traded fund (ETF) product marketing expertise of PowerShares.
This effort combines Deutsche Bank's leadership in global currency and commodity product structuring with the exchange-traded fund (ETF) product marketing expertise of PowerShares, who together plan to develop additional ETFs that track currency and commodity indices under a joint or composite brand.
3 March 2017 - German energy and commodity products exchange operator The European Energy Exchange and the owners of US-based Nodal Exchange Holdings, LLC have reached an agreement under which EEX will acquire 100% of the equity in Nodal Exchange for a low triple digit m US-Dollar investment.
Minister of Plantation Industries and Commodities, Datuk Seri Mah Siew Keong, said the Netherlands was not just the largest importer of Malaysian commodity products in the European Union, but also served as a key point of entry for Malaysia's commodity products export to Europe, especially palm oil products.
As of May 1, the company is distributing, its line of specialty and commodity products out of Fullerton.