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Cost reduction
Translation cost reduction into russian
cost reduction
The company implemented a cost reduction strategy to improve profitability.
Компания внедрила стратегию снижения затрат для улучшения прибыльности.
Definitions
Cost reduction refers to the process of decreasing expenses and improving efficiency within an organization, often through strategies such as optimizing operations, renegotiating contracts, or eliminating waste, with the goal of increasing profitability.