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cost reduction strategies

[/kɔst rɪˈdʌkʃən ˈstrætədʒiz/]
noun
estratégias de redução de custos
1. A set of planned methods and approaches implemented by an organization to decrease expenses and improve operational efficiency
The company implemented cost reduction strategies to improve profitability during the economic downturn.
A empresa implementou estratégias de redução de custos para melhorar a rentabilidade durante a desaceleração econômica.
2. Systematic efforts to minimize spending across various business operations without compromising quality
Our cost reduction strategies include outsourcing non-core functions and renegotiating supplier contracts.
Nossas estratégias de redução de custos incluem terceirizar funções não essenciais e renegociar contratos com fornecedores.
Synonyms
cost cutting measurescost management strategiesexpense reduction planscost containment strategiesefficiency improvements
Antonyms
cost increase strategiesexpense expansionbudget augmentation

Regional Variations

General Brazilian
estratégias de redução de custos
Standard business term used throughout Brazil
São Paulo
estratégias de diminuição de custos
Alternative phrasing common in corporate contexts
Portugal
estratégias de redução de despesas
Portuguese preference for 'despesas' in some business contexts

Related Idioms & Phrases

tightening the belt
cutting corners
lean operations
doing more with less
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