Cost Savings in a sentence

Manufacturing cost reduction efforts can result in significant product cost savings, manufacturing cost-saving, and life cycle cost saving especially when companies implement the right strategies for the reduction of manufacturing overhead costs.

Cost containment Although businesses pursued the HMO model for its alleged cost containment benefits, some research indicates that private HMO plans don't achieve any significant cost savings over non-HMO plans.

The good news is that the cost savings are picking up in 2023; the company has provided guidance of nearly $300 million in savings over the course of the full year.

Mrs Glover said there would be "cost savings" and "significant time savings" under both proposals.

Appen, one of the world's largest AI training providers, announced on Wednesday a raft of cost-saving initiatives expected to deliver annualised cost savings of about $36 million in fiscal 2024.

From the $30 million cost optimization plan that we first announced in Q4 of last year, we achieved $22 million on an annualized run rate basis, of which $12 million represented actual cost savings during Q3.

The inability to contain the two cost lines kept profit short of target in the final quarter while revenue gains and cost savings elsewhere helped to realise a stronger second half still.

The increase in operating expenses was driven primarily by the Poly acquisition and investments in growth initiatives, partially offset by disciplined cost management, including Future Ready structural cost savings.

Cost will be the driver and if improved customer experiences come with cost savings there’s a place for LLMs, like ChatGPT, Gemini and Claude, among others.

Moreover, they are so much simpler to produce that within five years the cost savings on engines will offset the cost of batteries, making electric vehicles cheaper than diesel or gasoline cars.

Singh said the bill will result in significant health-care cost savings because Canadians will be taking the medication they need to stay healthy, and will also save on the rising cost of drugs.

For cloud migration, the obstacles typically identified are concerns about security, integration and cost (or uncertain cost savings relative to effort and risk).

Now if we give you the external -- if we publish the sort of cost savings numbers, you won't believe us because you will indicate that it's mitigation rather than actual cost take-out.

The cost of the conversion was easily offset by the cost savings in electric consumption, the reduction of heat, and the manpower required to replace burned-out lamps.

According to OPM officials, these estimated cost savings would generally be an avoidance of future claims costs as opposed to current return of actual dollars.

After shucking some parts of Credit Suisse’s investment bank portfolio deemed nonessential, UBS expects annual cost savings of over USD 8 billion by 2027, he said.

A lack of visibility, the ongoing drive for further cost savings, cybersecurity concerns and more may be why nine in ten IT leaders (88%) are moving towards platforms and away from point tools.

Although cost savings are commendable, opting for cheaper alternatives may compromise speed and overall performance.

But when we can use it, there are great cost savings to the taxpayer,” he said.

Cost savings and an improving supply chain environment also contributed greatly to the 1H's stellar margin performance.