Turnaround time

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Turnaround time

Time available or needed to effect a turnaround.

Turnaround Time

1. The time it takes for share prices that had been declining to begin to improve. For example, if a publicly-traded company has been in a prolonged bear market, but its share price eventually stabilizes and begins to move back up, the turnaround time describes the entire duration of this process.

2. The time it takes for an unprofitable company to begin to become profitable. For example, if a company has been posting losses, but it restructures and becomes profitable, the turnaround time describes the entire duration of this process.

3. In supply chain management, the amount of time between a supplier receiving an order and its delivery to the distributor or customer. This is important for both custom-made products and mass production, and suppliers are expected to know the lead times for their different products. It is particularly important for just-in-time supply chains, in which each step in the supply chain is expected to know precise turnaround time. It is also known as lead time.
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Being able to choose a 4-hour turnaround time will allow transcripts to be seen faster and reports to be filed quicker which makes for an almost instantaneous workflow.
Of the 5 specimen types reported for this study, the mean turnaround times were longer for fluids and FNAs (1.
In the previous study we did not measure test result turnaround time (previously, only time spent on the centrifuge bench top was considered).
At the beginning of the 1980s, average laboratory turnaround time often satisfied clinicians and nurses.
Reduced turnaround time for Atlantis abutments not only saves my lab time but also helps to increase profitability as a result of a more efficient system.
Bob Soales, VP of sales and marketing, said, "We are pleased to be able to offer quick turnaround times for all of our customers, catalog and custom.
We believe Quartz DRC can provide a significant turnaround time advantage.
The Seen by Scene feature will allow an even greater level of quality for the most critical encodes, still within the short turnaround times.
As they see these results and gain comfort with self-editing, we expect to achieve increased efficiency and productivity as well as faster report turnaround times.
As electronic documentation becomes more and more critical to patient care, Spheris' strategy is to have our workforce available 24/7 in order to appropriately service our customers through turnaround times and quality standards.
The target requires that the diagnostic phase of the patient journey be as quick as possible, as delays in report turnaround times slow the patients' journey toward treatment.
Physicians can dictate, self-complete recognized text and electronically sign reports from any Internet-connected PC, giving them "once-and-done" control over the report creation process and dramatically reducing report turnaround times in even the most demanding environments.