cost optimization
Cost optimization is the process of identifying and implementing strategies to reduce expenses and maximize efficiency in order to achieve the best possible return on investment.
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Related Concepts (12)
Similar Concepts
- cost constraints
- cost control and reduction
- cost leadership
- cost savings
- efficiency optimization
- energy optimization
- operations efficiency
- optimization
- performance optimization
- process optimization
- product optimization
- resource optimization
- value optimization
- workflow optimization
- workflow optimization and efficiency