What is the full form of TAT
TAT: Turn Around Time
TAT stands for Turnaround Time. It is the time interval from the start of a process to its completion. In simple words, it is the time taken to complete a process or fulfil a request. e.g., time from the submission of a request to its conclusion and delivery to the requester.
The time to complete a process such as a repair or replacement of a component or equipment. This acronym can be used in multiple situations, as task completion is part of everyone's life.
Furthermore, it is a type of performance metric for companies as they can monitor how the duration since a customer has placed an order to its completion and delivery on a monthly basis. The companies keep putting efforts to minimize the turnaround time in order to increase efficiency and customer satisfaction. Metrics based on turnaround time can be developed for an activity with whose start time and end time can be measured.