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  2. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Half cost strategies: ambitious strategies which aim to reduce the costs of specific production processes or value adding stages to 1/N of the previous cost. [7] Examples specifically focussed on the use of suppliers and the costs of goods and services supplied include: Supplier consolidation: see examples in the aerospace manufacturing industry

  3. Straw man proposal - Wikipedia

    en.wikipedia.org/wiki/Straw_man_proposal

    A straw-man (or straw-dog or straw-person) proposal is a brainstormed simple draft proposal intended to generate discussion of its disadvantages and to spur the generation of new and better proposals. [1] The term is considered American business jargon, [2] but it is also encountered in engineering office culture.

  4. Proposal (business) - Wikipedia

    en.wikipedia.org/wiki/Proposal_(business)

    Customers issue IFBs when they are buying some service, such as construction. The requirements are detailed, but the primary consideration is price. For example, a customer provides architectural blueprints for contractors to bid on. These proposals can be lengthy but most of the length comes from cost-estimating data and detailed schedules. [1]

  5. Cost breakdown analysis - Wikipedia

    en.wikipedia.org/wiki/Cost_breakdown_analysis

    In business economics cost breakdown analysis is a method of cost analysis, which itemizes the cost of a certain product or service into its various components, the so-called cost drivers. The cost breakdown analysis is a popular cost reduction strategy and a viable opportunity for businesses. [1] [2] [3]

  6. 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.

  7. 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.

  8. Here’s what Harris is proposing for the economy - AOL

    www.aol.com/harris-economic-proposals-212807560.html

    Many of the proposals build upon efforts the Biden administration has already unveiled. ... which is expected to result in $6 billion in savings for Medicare and a $1.5 billion reduction in out-of ...

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