Efficient Cost Reduction

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
ECR
Pronunciation
/ɪˈfɪʃənt kɔst rɪˈdəkʃən/
Category
Business
Related Field
Accounting

Examples in Context

  1. You will listen to experts, review real case studies performed by the expert trainer and look at tools that can help facilitate efficient cost reduction while achieving a high level of user functions.
  2. The main findings are : ① when low-quality firms R & D investment is more efficient in cost reduction, the general quality level on the market is higher, vice versa;
  3. Therefore, it is an efficient method for comprehensive development and cost reduction to obtain oil feedstock for biological fuel while extracting DHA and EPA.
  4. The system communicated signals with outside control systems and featured safe, economical, high efficient and automatic waste recovery in production field, it provided a way for field management and cost reduction.
  5. To retailers, the efficient and effective logistics management is helpful to access and sustain the competitive advantages by offering the cost reduction and customer satisfaction improvement.

Other meanings of ECR