cost reduction

cost reduction
cost reduction UK US noun [C or U]
the process of reducing the amount of money that a company spends on wages, production, etc. in order to make it more profitable: »

further/continuing/significant cost reductions

Financial and business terms. 2012.

Look at other dictionaries:

  • Cost reduction — is the process used by companies to reduce their costs and increase their profits. Depending on a company’s services or Product, the strategies can vary. However, it is important to remember that every decision in the product development process… …   Wikipedia

  • cost reduction — See cap cost reduction capitalized cost reduction …   Dictionary of automotive terms

  • cost reduction effort — See supplier cost reduction effort …   Dictionary of automotive terms

  • capitalized cost reduction — A fancy name for a cash down payment, money you pay up front that is applied to the final purchase price of a lease. A large cap cost reduction will, of course reduce the monthly payments, but it will also negate one of the big advantages of… …   Dictionary of automotive terms

  • Capitalized Cost Reduction — Any upfront payment that reduces the cost of financing. Capitalized cost reduction is generally associated with the purchase or lease of an automobile, and reduces the monthly payment owed if the vehicle is financed. Reductions can be made from… …   Investment dictionary

  • cap cost reduction — See capitalized cost reduction …   Dictionary of automotive terms

  • supplier cost reduction effort — (SCORE) A United States program that urges suppliers to develop processes to cut costs. Suppliers are allowed to keep half the savings and pass on the other half to the automakers …   Dictionary of automotive terms

  • reduction — re‧duc‧tion [rɪˈdʌkʆn] noun FINANCE 1. [countable, uncountable] when prices, costs etc become lower or are made lower: • Our winter sale includes many price reductions. • We can make a reduction (= sell something more cheaply …   Financial and business terms

  • cost — {{Roman}}I.{{/Roman}} noun 1 money needed to buy sth ADJECTIVE ▪ considerable, high ▪ The high cost of energy was a problem for consumers. ▪ enormous, exorbitant, huge, prohibitive …   Collocations dictionary

  • reduction — A chemical reaction in which an element gains electrons, i.e., has an increase in positive valence. Compare oxidation. See cap cost reduction capitalized cost reduction double reduction gearing noise reduction …   Dictionary of automotive terms

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