Procurement Market Intelligence Report
Time Card Machines
Sourcing Guide & Market Intelligence
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Time Card Machines Global Overview
Definition
Summary
Time card machines, also commonly referred to as time clocks, track employee work hours electronically or physically mark paper time cards. Manufacturers, wholesalers and retailers distribute time card machines. Buyers include employers throughout all industries. This report does not include human resources software.
This Report Includes:
- Time Card Stamping Machines
- Smart Time Card Machines
Not in this Report:
- Human Resources Services
- Human Resources Software
Global Time Card Machines Procurement Trends
Discover the top international trends affecting procurement in the global Time Card Machines market.
Warning Trends
Tariffs to escalate prices for electronics and computing equipment
- The Trump administration’s reciprocating tariffs, which will increase the tariff on all products imported from nearly all US trade partners, are set to take effect on August 7 and are likely to drive price increases across a wide range of sectors.
- The United States is highly reliant on imported electronics, communication equipment, and computing devices, having imported more than $472 billion worth of electronics in 2024, or about half of the total domestic supply. Starting August 7, imports from key computer and electronics producers such as China (54,0%), Japan (15.0%), South Korea (15.0%), Thailand (19.0%), Vietnam (20.0%), and Taiwan (20.0%) will be subject to new tariff rates. Trade deals for many countries are still being negotiated, and these rates are subject to change.
- For this reason, the US electronics industry is highly exposed to price increases and supply chain disruptions when the tariffs take effect. For example, the cost of iPhones, which are predominantly manufactured in China, could rise by as much as 43.0% in response to tariffs, according to projections by Rosenblatt Securities.
- Overall, the Yale Budget Lab anticipates tariffs will increase the average cost of computers and electronics by 18.7% in the short term.
- The tariffs exempt semiconductors, limiting the cost increases for domestic electronics manufacturers, but the lack of domestic electronics assembly capacity means that this exemption will have a limited effect.
China bans exports of rare minerals to the United States
- On December 4, China announced a ban on all exports of gallium, germanium, graphite, and antimony to the United States, escalating existing trade restrictions on these materials.
- China is the leading global producer of each of these metals, producing 98.3%, 67.9%, 62.0%, and 48.2%, respectively, of the world’s gallium, germanium, graphite, and antimony supplies, respectively.
- The United States can still access these resources from other trade partners who make up most of the remaining global supply of the impacted commodities, such as Canada, Japan, and Brazil.
- However, the loss of supply from China, the leading producer of these materials, will increase prices and supply chain risk in a range of markets that rely on the affected metals, such as the semiconductor, batteries, and solar cell markets.
- China’s export ban on these materials is in retaliation to expanded US export bans on advanced semiconductor manufacturing equipment and technologies to China announced two days prior. This ongoing trade dispute adds further uncertainty to technology markets, which are often reliant on components and materials exported from China.
Russian invasion of Ukraine is putting additional strain on US chip supply
- Until recently, the United States sourced nearly all of its neon gas (an essential material in the laser imprinting process to produce semiconductors) from Ukrainian and Russian producers. Previous conflicts between the two nations, specifically related to the Crimea conflict in 2014, resulted in a nearly 600.0% increase in the price of neon.
- The Russian Ministry of Industry and Trade announced in early June that it would be limiting neon gas exports as part of its sanctions against countries it views as unfriendly. This move will add to lead times and prices for neon.
- Downstream semiconductor manufacturers keep stockpiles of neon gas that have allowed them to continue manufacturing chips, though it is unknown how long these stockpiles will last. Semiconductor manufacturers will likely pay higher prices for neon gas outside Ukraine as global supplies dwindle.
Global Time Card Machines Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 China | 3,320 |
| #2 Europe | 3,185 |
| #3 United States | 1,200 |
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2
Geography Drilldown - US
Average Cost of Time Card Machines
United States
2026 Market Pricing$50.00 to $X,XXX.XX
per unitAverage Price
Prices in the Time Card Machines market range from $50.00 to $X,XXX.XX, depending on Software Integration, Machine Type and Capacity. For example, lower prices are associated with No additional software ($50 to $600 per unit), whereas higher prices are associated with Proprietary timekeeping software ($780 to $1,500 per unit).
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Time Card Machines Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Time Card Machines market, prices in the US have grown 1.7% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
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Cost Analysis - Total Cost of Ownership for Time Card Machines
Total cost of ownership is Medium in the Time Card Machines market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs.
Negotiated Before
Customization
Implementation
Billed During
Software
Consumables
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to -1.8 in the United States. Buyer power is most positively impacted by Recent Developments. It is most negatively impacted by Availability of Substitutes. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Metal Plating & Treating
- Semiconductor & Circuit Manufacturing
- Plastic & Resin Manufacturing
2nd
Tier Suppliers
- Iron & Steel Manufacturing
- Copper Rolling, Drawing & Extruding
- Petroleum Refining
Biggest Time Card Machines Suppliers in the US by Revenue
The largest Time Card Machines vendors by revenue in the US are Lathem Inc., Acroprint Time Recorder Co. and Pyramid Time Systems LLC. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| The Odp Corporation | International | BOCA RATON, FL | 1,001-10,000 | 10-15 | ||||
| Lathem Inc. | National | Atlanta, GA | 101-250 | 10-15 | ||||
| Acroprint Time Recorder Co. | Global | Raleigh, NC | 51-100 | 5-10 | ||||
| Pyramid Time Systems LLC | National | Meriden, CT | 25-50 | 5-10 | ||||
| Walmart Inc. | International | BENTONVILLE, AR | >10,000 | < 5 | ||||
| Costco Wholesale Corp | Global | ISSAQUAH, WA | >10,000 | < 5 | ||||
| Amano | Global | Yokohama, JP | 1,001-10,000 | < 5 | ||||
| Staples Inc. | Global | Framingham, MA | >10,000 | < 5 | ||||
| Global Equipment Company Inc. | < 5 | |||||||
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Profit Analysis
The average profit margin across vendors in the Time Card Machines market is 6.3% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is falling, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
The time card machine market has a medium level of market share concentration. There are an estimated 1,200 suppliers of time card machines operating in the United States, with the top four vendors accounting for just over 40.0% of total market revenue.
Supply chain risk for time card machine suppliers is moderate due to ongoing supply chain disruptions, with materials such as metal, plastic, and electronic components being affected.
Vendor risk is high due for time card machine vendors as the market is in early decline and faces high competition from substitutes. Average vendor risk is expected to increase, especially as remote and hybrid working reduce demand for time card machines.
The United States is a net importer of time-registering machines, meaning it imports more machines than it exports. These imports provide buyers with greater access to competitively priced products in the market.
Supplier Information
Lathem Inc.
Lathem Inc. is a private company operating nationally in the manufacturing sector. The company's offerings include time card machines. Founded in 1919, the company is currently headquartered in Atlanta, Georgia, United States of America with an estimated 128 employees. Subscribe to learn more
The Odp Corporation
ODP Corp. is a holding company that provides products, services, and technology solutions through an integrated business-to-business (B2B) distribution platform and omnichannel channels. It sells and markets office supplies, cleaning, janitorial, and breakroom supplies, office furniture, technology products,... Subscribe to learn more
Acroprint Time Recorder Co.
Acroprint Time Recorder Co. is a private company operating globally in the manufacturing sector. The company's offerings include time card machines. Founded in 1969, the company is currently headquartered in Raleigh, North Carolina, United States of America with an estimated 75 employees. Subscribe to learn more
Pyramid Time Systems LLC
Pyramid Time Systems LLC is a private company operating nationally in the manufacturing sector. The company's offerings include time card machines. Founded in 1969, the company is currently headquartered in Meriden, Connecticut, United States of America with an estimated 37 employees. Subscribe to learn more
Amano
Amano Corporation is a public company operating globally in the manufacturing sector. The company's offerings include time card machines. Founded in 1931, the company is currently headquartered in Yokohama, Japan with an estimated 5500 employees. Subscribe to learn more
Costco Wholesale Corp
Costco Wholesale Corp. /NEW is a global operator of membership warehouses and e-commerce websites. It sells and markets national branded and private-label products in various categories, including foods and sundries, non-foods, and fresh foods. It also provides warehouse ancillary products and services, including... Subscribe to learn more
Global Equipment Company Inc.
Global Industrial Co. is a distributor of over a million industrial and maintenance, repair, and operation (MRO) products in North America under the Global™, GlobalIndustrial.com™, Nexel™, Paramount™, and Interion™ trademarks. Its product categories include storage and shelving, safety and security, carts... Subscribe to learn more
Staples Inc.
Staples Inc. is a private company operating globally in the manufacturing, manufacturing, manufacturing, information, professional, scientific & technical services and administration, business support and waste management services sectors. The company's offerings include printing & writing paper, business... Subscribe to learn more
Walmart Inc.
Walmart Inc. is a public company operating internationally in the manufacturing, manufacturing and professional, scientific and technical services sectors. The company's offerings include personal paper products, paper towels, receipt tape, gps navigation devices, portable generators. Founded in 1962, the... Subscribe to learn more
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Procurement Management KPIs for the Time Card Machines Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Average Time Between Failures and Cost of Goods Sold. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Warranty and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Average Time Between Failures |
|
Average time between failures Number of failures per year |
Buyers should consider how often time card machines need to be repaired, as repairs and replacements can drive up the total cost of ownership. Consistent machine failures can cause issues relating to employee hours worked, which must be recorded and kept for at least three years to comply with the Fair Labor Standards Act. |
| Cost of Goods Sold |
|
Average cost per unit Average cost increase year-over-year |
Suppliers of time card machines operate with a cost-plus pricing model, making the cost of goods sold a significant factor in pricing. Buyers should keep track of and measure vendors' cost of goods sold to understand the price of the machines they are paying for. Buyers should consider procuring from vendors that have stronger relationships with their own suppliers and are able to contain costs better. |
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Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Quality Control
How do you check for quality? Do you use computerized or manual processes? How do these processes give you an advantage in terms of quality?
How often do you test your products?
Customer Service
What methods can I use to reach your customer service representatives? What is the response time for each of these methods?
What is the preferred method of contact? Does this method change depending on the query or need?
Distribution
How many distribution facilities do you have and where are they located? Does sourcing from closer operators decrease my shipping costs?
Which locations can supply time card machines for my company?
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Time Card Machines RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should describe their organization, including industry and geographic region(s).
Buyers should describe their employee base, including the number of total employees, the different groups of employees and how many days employees work each year.
Statement Of Need
Buyers should specify required vendor experience in terms of years.
Buyers should specify the number of time card machines needed.
Project Budget
Buyers should specify their budgets for time card machines and related products.
Buyers should specify when payment will occur. For example, buyers should state whether the winning bidder will be paid upon award of the contract or over a longer period of time.
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Our Reports include:
- Opportunity assessment
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- Buyer power levers
- Price environment and market pricing
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- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
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