Cost Reduction Strategies Quotes

It's easier to cancel a show if it's expensive.

As Congress battles over spending and cost cutting, it is imperative that funding for math education programs does not fall victim.

I am always interested in designing things that have a great price point attached to it.

Something effectual must be done to revive the languishing commerce and manufacturing industry of this country ... We must make this country a cheap country for living.

It's important to offer well-thought-out pieces at lower prices.

When I am there at our global product development centers, I am meeting with the design team and reviewing design work being done there and meeting with engineers responsible for work being done specific to that region, meeting with purchasing team.

I think we have to be very careful when we toss around terms like 'cut health care costs.' We would do very well to expect a cut in the rate of increase.

Assuming a specific resource is high cost is often a path to disruption when someone makes a different assumption.

There are certain economics involved in making a network TV show that you want to amortize the costs of that, so the more episodes you make, the cheaper they all are individually.

Almost all decisions based on cost accounting are utterly wrong.

Where we are really well positioned is that we can bring skills to the party. We can fix factories, we can fix operations, and we have a good geographical presence.

Supermarket companies are big logistics companies, and one of the ways we've increased profitability in the past is by re-evaluating how they do logistics.

My one concern is that when money gets tight, it's easy to cut R&D funding that isn't tied to a specific project - look at what's happened to NASA's aviation research.

When you fall short of your internal forecast, two things happen: Costs go up as a percentage of sales, and margins go down.

The use of automated technology generally translates into lower costs, freeing up resources for more efficient uses, including lower prices.

Young Indians are energetic and ambitious, have lots of ideas. They work around the difficult situation they face here. But the big challenge is to market products and services to the West, because costs there aren't coming down.

If somebody can offer value at a cheaper price, they should. But that also means Uber should, too.

We have never considered any costs as fixed. Therefore we first reduce the price to a point where we believe more sales will result. Then we go ahead and try to make the price. We do not bother about the costs. The new price forces the cost down.

This can not be about a race to the bottom.

The problem with a cost reduction strategy is that there is a finite limit.You can only get to zero.

The first set of questions to ask yourself when you're doing cost cutting is relatively straightforward, which is, you know, can you use the necessity of cost cutting as an opportunity to do pruning or trimming for projects that aren't being as successful? But, you know, frequently those are the easy ones. I mean, there's always some kind of social costs internal to the company, but that's the easy way of looking at the future.

Industry is extremely slow in readjusting itself to the manufacture of modern consumer goods.

When I arrived at Campbell on January 8, 2001, the company had lost half its market value in the prior year. They had to cut costs to the point where they were literally taking the chicken out of chicken noodle soup and the product was no longer competitive.

Assuming normal winter weather, we currently anticipate the coal markets to remain difficult through 2015; while we always strive to operate a full capacity in this environment, it may be necessary to delay our production growth to match the market.

If the U.S. can transform its domestic market for HIV/AIDS drugs, it will certainly transform the world market and make HIV/AIDS drugs more affordable for everyone, everywhere.