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cost optimization

[/kɔst ˌɑptɪməˈzeɪʃən/]
noun
otimização de custos
1. The process of reducing expenses while maintaining or improving quality and efficiency in business operations
The company implemented cost optimization strategies to improve profit margins.
A empresa implementou estratégias de otimização de custos para melhorar as margens de lucro.
2. A systematic approach to identifying and eliminating unnecessary expenditures in an organization
Cost optimization in cloud computing involves right-sizing resources and eliminating waste.
A otimização de custos em computação em nuvem envolve ajuste correto de recursos e eliminação de desperdícios.
Synonyms
cost reductionexpense managementfinancial efficiencycost control
Antonyms
cost increaseexpense expansion

Regional Variations

General Brazilian
otimização de custos
Most common usage in Brazilian Portuguese business contexts
São Paulo
otimização de custos / redução de despesas
Frequently used in corporate and financial sectors
Portugal
otimização de custos / minimização de despesas
Standard usage in Portuguese business environment

Related Idioms & Phrases

lean operations
tightening the belt
cutting corners (though this carries negative connotation)
doing more with less
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