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  2. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Every decision in the product development process affects cost: design is typically considered to account for 70–80% of the final cost of a project such as an engineering project [1] or the construction of a building. [2] In the public sector, cost reduction programs can be used where income is reduced or to reduce debt levels. [3]

  3. Business model canvas - Wikipedia

    en.wikipedia.org/wiki/Business_Model_Canvas

    The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.

  4. Cost–benefit analysis - Wikipedia

    en.wikipedia.org/wiki/Cost–benefit_analysis

    Cost–benefit analysis (CBA), sometimes also called benefit–cost analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives.It is used to determine options which provide the best approach to achieving benefits while preserving savings in, for example, transactions, activities, and functional business requirements. [1]

  5. Companies are focused on cost reduction in case of a ... - AOL

    www.aol.com/finance/companies-focused-cost...

    Companies are focused on cost reduction in case of a recession–but they should be preparing for the recovery that will likely happen. Steve Gallucci, Ira Kalish. October 30, 2023 at 6:42 AM.

  6. Rate contract - Wikipedia

    en.wikipedia.org/wiki/Rate_contract

    Rate contracts can be arranged at various levels by a large firm - in specific geography markets or at a national level or at a global level (if suppliers exist at differing scales) and in specific sub-categories, or in a range of sub-categories, or for a category, or for a related categories.

  7. Will AI be the holy grail of cost reduction for CFOs? These 5 ...

    www.aol.com/finance/ai-holy-grail-cost-reduction...

    There’s broad consensus among banks, private equity firms, hedge funds, and investment research houses that the technology is set to revolutionize the global economy.

  8. Design-to-cost - Wikipedia

    en.wikipedia.org/wiki/Design-to-cost

    Design-to-Cost (DTC), as part of cost management techniques, describes a systematic approach to controlling the costs of product development and manufacturing.The basic idea is that costs are designed "into the product", even from the earliest concept decisions on and are difficult to remove later.

  9. Kaizen costing - Wikipedia

    en.wikipedia.org/wiki/Kaizen_costing

    Kaizen costing is a cost reduction system used a product's design has been completed and it is in production. [1] Business professor Yasuhiro Monden [2] defines kaizen costing as . The maintenance of present cost levels for products currently being manufactured via systematic efforts to achieve the desired cost level. [citation needed]

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