Cost cutting definition

Englisch-Deutsch-Übersetzung für cost cutting im Online-Wörterbuch dict. Bedeutung, Definition cost – cutting : actions taken to reduce the amount that is spent on a service or within an organization:. Define cost cutting : reduction in spending — cost cutting in a sentence. Viele übersetzte Beispielsätze mit cost cutting – Deutsch-Englisch Wörterbuch und Suchmaschine für Millionen von Deutsch-Übersetzungen.

Measures implemented by a company to reduce its expenses and improve profitability.

Cost cutting measures may include laying off employees, reducing employee pay, switching to a less expensive employee health insurance program, downsizing to a smaller office, lowering monthly bills, changing hours of service and . What is cost – cutting (noun)? Definition of cost – cutting – the reduction of costs, especially in a business. Macmillan Dictionary. English dictionary definition of cost cutting. Cost – cut definition , to reduce the cost of: to cost-cut expenditures.

Cost reduction is the process used by companies to reduce their costs and increase their profits. Every decision in the product development process affects cost.

Companies typically launch a new product without focusing too much on cost. Noun (uncountable) 1. Cost containment is the business practice of maintaining expense levels to prevent unnecessary spending or thoughtfully reducing expenses to improve profitability without long-term damage to the company. Cutting expenses in ways that decrease quality or reduce marketing efforts to bring in new business can lead to a . The act of cutting costs.

Derived forms: cost cuttings. Encyclopedia: Cost cutting. This approach embraces short term slash and burn cost take-out, while also adopting longer term operational cost efficiencies (doing more for less). However, in both cases, the cost reduction exercise is finite as it . Cost savings , avoided cost, and opportunity cost are relative terms: They are defined and have meaning only when comparing actions and outcomes to each other.

Let us make an in-depth study of Cost Reduction systems in an Organization. After reading this article you will learn about: 1. Techniques of Cost Reduction 3. Meaning of Cost Reduction 2. Successes in cost cutting erode with time. Optimism is on the rise that a solid economic recovery is taking hold around the worl but the cost cutting so prevalent during the recent recession looks to remain a strategic priority for some time.

Indee the number of executives reporting steps to . Can you get excited by cost containment? You might if you visualize your employees avidly engaged in making operations not only efficient but also more effective. Wringing out waste can be a liberating experience. Imagine looking back on cost – cutting efforts of the past five years and not having a single . In reaction to the Great Recession and the forecasts that consumer demand in the US, Europe, and Japan will remain anemic for the foreseeable future, many companies are focusing on stripped-down “value” products.

In doing so, they risk making a big mistake: Assuming that consumers in hard times care . I think in general the industry is putting a sharper pencil to cost cutting , i think they are realizing the days of $ 1a barrel( oil) are over. LTO), LTO appears to have blinked. Following months of cost cutting and a percent plunge in the U.