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 ?
Much of the dollar increase that propels the $326.5M in the total value of commodity product to achieving more than $1B in economic activity comes from enterprises which are able to add value to their raw products.
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.
Regarding the agricultural products, Syria ranked first on the Arab level and 27 globally in trade efficiency index for this commodity product. Regarding the index of the efficiency of trade in the canned foods, Syria came second and 54 globally.
In the past, the eyewear industry was more or less insulated from economic downturns, as eyewear was deemed a stable commodity product, the report says.
Store/Commodity - No brand or a commodity product that is labeled with a store's name.
"With heavy commodity product, they want to limit the amount of handling," McGranahan said.
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. Pulp, salmon, sugar beet, rice, grapes, livestock, poultry, fertilizers, fruit concentrates and malt are possibilities.
''The retreat from the business may be the ultimate acknowledgement that the personal computer has become a staple of everyday life, a commodity product, yielding very slim profits,'' it said.
So what if some critics say that ERP vendors have over-promised and under-delivered, earned premium margins for a commodity product or practiced upgrade-or-abandon brinkmanship by threatening to discontinue support for old (i.e., before the most recent release) software?
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.