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Total Cost reduction vs Total reduced cost

Both phrases are correct, but they have slightly different meanings. 'Total cost reduction' refers to the overall decrease in costs, while 'total reduced cost' implies that the cost has already been reduced. The choice between them depends on the context and the intended meaning.

Last updated: March 26, 2024 • 755 views

Total Cost reduction

This phrase is correct and commonly used in English.

This phrase refers to the overall decrease in costs. It is used when discussing strategies or actions aimed at reducing the total cost of a project, product, or service.

Examples:

  • The company implemented various measures to achieve total cost reduction.
  • The total cost reduction resulted in significant savings for the organization.
  • Based on these estimates of PET price decrease and the established cost ratios, the respective cost reduction was calculated to be within the range of 0,3-0,7 % of the total costs of the bottlers for their PET-related activities.
  • The Commission starts by determining the total cost of restructuring, net of productivity gains and reduction in working capital requirement.
  • In this event, in accordance with the rules laid down by the Member States, the consumer shall be entitled to an equitable reduction in the total cost of the credit.
  • The modification decisions represent a reduction in the total cost and the amount of Cohesion Fund assistance.
  • In such cases, he shall be entitled to a reduction in the total cost of the credit, such reduction consisting of the interest and the costs for the remaining duration of the contract.
  • Even if assuming that the financial instruments would be extended below market conditions, the reduction of the costs by these subsidies would be very limited compared to the total costs for building a cruise ship.
  • Furthermore, in common with other tuna fishing agreements, fees for ship-owners have increased from 25% to 35% of the total cost, obviously with the reduction in the Community contribution.
  • The cost reduction is a gladly accepted consequence.
  • In such cases, the consumer shall be entitled to a reduction in the total cost of the credit to the consumer, such reduction consisting of the interest and the costs for the remaining duration of the contract.
  • There the cost optimisation measures should result in a reduction of the annual costs by EUR 15 million by the end of the restructuring period, which represents about 12 % of the total costs in 2012.
  • In the core segment those cost-cutting measures will result in a reduction of the annual costs by EUR 15 million by the end of the restructuring period, which represents about 12 % of the total costs in 2012.
  • The cost-cutting measures will result in a reduction of annual costs by EUR [25-35] million by the end of the restructuring period, which represents about [5-8] % of the total costs in 2009.
  • The results achieved have led both to the most advantageous total cost of ownership and to a reduction in project risk (i.e. a reduction in supplier-related risk, as the risks associated with managing different suppliers for software and datasets have been avoided).
  • Therefore the total costs of occasional travel are relatively low compared to the costs incurred by residents of Sardinia and may be easily covered, in most cases, by the emigrants, without the need for the reduction provided for in Decrees Nos 35 and 36.
  • whereas the consumer should then be entitled to an equitable reduction in the total cost of the credit;
  • Therefore this can also result in cost reductions.
  • The third benefit is the possibility of common facilities, which offers opportunities for cost reductions.
  • Performance audit provides audited entities with information and solutions that lead to cost reduction, better management and improved results.
  • The blending of biofuel with fossil fuels could facilitate a potential cost reduction in the distribution system in the Community.
  • This would provide a single point of entry for the submission of applications and thus cost reduction for agencies.

Alternatives:

  • overall cost reduction
  • complete cost reduction
  • entire cost reduction
  • full cost reduction
  • comprehensive cost reduction

Total reduced cost

This phrase is correct but less commonly used in English.

This phrase implies that the cost has already been reduced. It is used to describe the final cost after reductions have been made.

Examples:

  • The total reduced cost of the project was within budget.
  • We calculated the total reduced cost of production to determine our profit margin.
  • The total labour costs were reduced significantly, by 18 %.
  • Such an approach would involve considering the airport's total operating costs, reduced to the number of passengers, as incremental costs.
  • The German authorities based their calculation on the assumption that a single investment project (with reduced total costs) would also have benefited of an SME bonus of 15 %, as was the case for the Sovello1 project.
  • The exporting producer concerned contested the approach taken and argued that waste, in the form of slag and lime, is disposed through synergy with an adjacent plant in a manner that reduced its total cost.
  • BAT-associated emission level of total reduced sulphur (TRS) in residual weak gases emitted is 0,05 - 0,2 kg S/ADt.
  • Enlargement ought to be financed mainly by means of reduced costs.
  • Dumping is not the same thing as fair competition or reduced costs.
  • Among the measures taken to improve its situation, SACE BT increased premiums, reduced costs, changed its management.
  • Implementation of the first restructuring measures resulted in increased sales, reduced costs and partial debt remission.
  • State aid is also involved at the level of investments that recipients of free allowances will undertake at a reduced cost.
  • The moral ethics of the companies who offer them at reduced cost were called into question.
  • Yes, the alternative to new income from taxation is still that of reduced costs.
  • This increases competition in this sector and should in time lead to reduced costs for insurance.
  • Peripheral regions will benefit and business will have reduced costs in the global markets.
  • Yes, the alternative to new income from taxation is still that of reduced costs.
  • Against a background of increased international competition, the race for reduced costs has led to too many job losses or relocations.
  • Through harmonisation and the CE mark for batch production there will be simplification and reduced costs particularly for small firms.
  • This budget introduces long-term guidelines for building policy, which could lead to reduced costs in the future.
  • To cite one simple example, the fact that we do not have to go through customs at borders has dramatically reduced costs and delivery times.
  • Welfare is every bit as significant as stable prices, reduced costs and smaller budget deficits.

Alternatives:

  • final reduced cost
  • ultimate reduced cost
  • overall reduced cost
  • complete reduced cost
  • entire reduced cost

Related Comparisons

strong cost reduction vs tenacious cost reduction strong cost reduction vs substancial cost reduction strong cost reduction vs reolute cost reduction strong cost reduction vs decided cost reduction strong cost reduction vs determined cost reduction firm cost reduction vs strong cost reduction

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