Cost Reduction Strategy

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
CRS
Pronunciation
/kɔst rɪˈdəkʃən ˈstrætəʤi/
Category
Miscellaneous
Related Field
Unclassified

Examples in Context

  1. The strategies of negotiations on cost in contracting of project include the cost reduction strategy, reconciliation and compromise strategy, equal concession strategy, tantalization strategy, weakening the partner s confidence strategy, the last minute ' strategy, etc.
  2. The whole efficiency of company can be improved obviously through implement lean manufacturing. The improvement can be touched upon production operation, inventory control, working utilization, cost reduction, management strategy, etc. All the improvement can enhance the competitive strength and battle effectiveness.
  3. It does not focus on cost reduction, but also on resource strategy.
  4. Chapter two discussed the content of procurement cost management, studied the main channels of cost reduction in Dell China and the strategy of cost reduction through cooperation with suppliers.
  5. This capability is essential not only to ensure integrity for composite applications, but also for reasons of cost reduction, investment protection, and alignment of the SOA with business strategy.

Other meanings of CRS