vast cost reduction vs firm cost reduction

Both phrases are correct, but they are used in different contexts. 'Vast cost reduction' implies a significant or substantial decrease in costs, while 'firm cost reduction' suggests a strong or definite decrease in costs. The choice between the two depends on the specific emphasis the speaker wants to convey.

Last updated: March 19, 2024 • 687 views

vast cost reduction

This phrase is correct and commonly used to indicate a significant or substantial decrease in costs.

This phrase is used to describe a large or considerable reduction in costs. It emphasizes the scale or magnitude of the cost reduction.

Examples:

The implementation of new technology led to a vast cost reduction for the company.
The company achieved a vast cost reduction by streamlining its operations.
The government's new policy resulted in a vast cost reduction in healthcare spending.
The company's restructuring efforts resulted in a vast cost reduction across all departments.
The investment in renewable energy sources brought about a vast cost reduction in energy bills.

Show examples from the web [+]

AcceptEmail realizes vast cost reduction and much shorter DSO (days sales outstanding). Moreover, it is more secure and safer than using paper. Due to the fact ...
... by Gartner's Magic Quadrents, IDC, Forrester, & Quocirca) in being focused on true business process improvement, and vast cost reduction for our customers.
Active participation in a vast cost reduction campaign for warehouse goods and plant services and since 2012. • Presently piloting the revision of the cost of ...
Apr 24, 2013 ... ... the use of warm iron pole rotors mean vast cost reduction as promised in the original specification, providing for the high toque transmission.

Alternatives:

significant cost reduction
substantial cost reduction
considerable cost reduction
large cost reduction
massive cost reduction

firm cost reduction

This phrase is correct and commonly used to indicate a strong or definite decrease in costs.

This phrase is used to describe a solid or decisive reduction in costs. It emphasizes the certainty or stability of the cost reduction.

Examples:

The company's cost-cutting measures led to a firm cost reduction in expenses.
The new supplier agreement resulted in a firm cost reduction for the manufacturing plant.
The company's restructuring plan aimed to achieve a firm cost reduction in the next fiscal year.
The efficiency improvements brought about a firm cost reduction in production.
The strategic sourcing initiative resulted in a firm cost reduction in procurement.

Show examples from the web [+]

Firm-regulator interaction with respect to firm cost reduction activities. Jeanne Wendel. Southern. Methodist. University. In the literature which has developed and ...
between cost-reduction and social welfare. In n-firm markets with linear costs and linear demand, a firm's cost-reduction is shown to reduce welfare if and only if ...
decisions. We will see that cost revelation always arises as equilibrium in this case. A firm's cost reduction and revelation decisions cannot be contingent on its.
... solutions have positioned Creative Management Services as one of the leading law firm cost reduction consultants, helping clients save, on average, 15- 20%.

Alternatives:

strong cost reduction
decisive cost reduction
definite cost reduction
solid cost reduction
stable cost reduction

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vast cost reduction vs firm cost reduction