Efficient Cost Reduction
Key Facts
Abbreviation
ECR
Pronunciation
/ɪˈfɪʃənt kɔst rɪˈdəkʃən/
Category
Business
Related Field
Accounting
Examples in Context
- 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.
- 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;
- Therefore, it is an efficient method for comprehensive development and cost reduction to obtain oil feedstock for biological fuel while extracting DHA and EPA.
- 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.
- 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
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