A turnkey solution is a type of system built end-to-end for a customer that can be easily implemented into a current business process. In a turnkey solution, a corporate buyer just has to “turn” a “key” to commence a business activity in the newly built structure.
What is a turn key product?
1) Turnkey is a product or service that is designed, supplied, built, or installed fully complete and ready to operate. The term implies that the end user just has to turn a key and start using the product or service.
What is turn key approach?
Turnkey (the adjective) means fully-equipped, or ready-to-go, as in the case of a product that is meant to be a full-package deal. This is a decent place to start, but it applies more to the concept of a turnkey product. A turnkey product tends to be off-the-shelf ready for use with minimal, if any, customization.
What is turn key work?
A turnkey business is a for-profit operation that is ready to use as-is the moment it is purchased by a new owner or proprietor. The term “turnkey” is based on the concept of only needing to turn the key to unlock the doors to begin operations, or to put the key in the ignition to drive the vehicle.
What does turnkey mean in software?
A complete system of hardware and software delivered to the customer ready-to-run. In other words, just “turn the key” and go.
What is turnkey Semiconductor?
Turnkey Manufacuring – What it is The term implies that the end user just has to turn a key and start using the product or service. In the highly globalized and competitive market of manufacturing, there is a constant need to improve performance and provide on-time delivery so that the company’s development is ensured.
What is turn key supplier?
Turnkey manufacturing is a process where one company oversees all aspects of a project’s production from beginning to end. There are many benefits of turnkey manufacturing for both the customer and the supplier, including streamlined communications and cost-savings.
What is turnkey project example?
Example: Many government-owned public housing projects are turnkey projects. A private developer undertakes all activities necessary to producing the project, including land purchases, permits, plans, and construction, and sells the project to the housing authority.
What is turnkey design and build?
Engineering, procurement, and construction (EPC) contracts, sometimes called turnkey contracts are similar to design and build contracts, in that there is a single contract for the design and construction of the project, but generally with an EPC contract, the client has less say over the design of the project and the
What does turnkey finish mean?
Put simply, a turnkey house is a finished home that’s ready for you to move into. To achieve this, you’ll work with an integrated team of design and build experts to develop the concept of what you wish to build, deciding precisely how you’d love to live.
What companies use turnkey projects?
Turnkey (103 companies found)
- Pipp Mobile Storage Systems, Inc. Space Saving Mobile Storage Systems. www.pippmobile.com.
- RCS Innovations. Retail and Commercial Fixtures & Interior Design. www.rcsinnovations.com.
- Little. Results Beyond Architecture. www.littleonline.com.
Can I buy a turnkey business?
Buying a turnkey business can be as simple as investing in direct sales or MLM opportunities. However, certain franchises, or any established business that’s ready to open its doors and start making sales, can also be considered a turnkey business.
What’s a turn key House?
A turnkey property is a move-in ready home that doesn’t require any major repairs or improvements before it is livable. Since the term is used subjectively, make sure to research the details of the particular property before making a purchase or signing a lease.
What is full turn key?
A full turn-key property is fully complete with everything from internal fittings through to landscaping, a driveway, letterbox and clothesline.