cost reduction
noun[CorU]
ukustheprocessofreducingtheamountofmoneythat acompanyspendsonwages,production, etc. inorderto make it moreprofitable:
further/continuing/significantcostreductions
Examplesofcost reduction
cost reduction
However, the main advantage of the design is thecostreductionof port charges.
From
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This example is from Wikipedia and may be reused under a CC BY-SA license.The contractor found that there would not be a significantcostreductionand proposed staying with the short tunnel option.
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This example is from Wikipedia and may be reused under a CC BY-SA license.This features several enhancements for lower power operation and bill of materialscostreduction.
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This example is from Wikipedia and may be reused under a CC BY-SA license.In hard economic times, when revenue is harder to come by, companies often turn tocostreductioninitiatives.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The modular design was intended to result in a largecostreductiondue to economies of scale.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The most important advantage is the possibility to review the model and to find out errors at early design stages, with an importantcostreduction.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The hypothetical unit would see acostreductionof 3570% after its first were produced.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The untapped opportunity in the health care debate is to link better health, health carecostreductionand improved workforce productivity.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Thecostreductioncompared to conventional nitrogen removal is considerable; the technique is still young but proven in several fullscale installations.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Other than stability, arms control comes withcostreductionand damage limitation.
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This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.