"cost innovation" is a correct and usable phrase in written English.
It refers to the act of creating or implementing new ideas or processes to reduce costs in a business or organization. An example of using this phrase in a sentence could be: "Our company has seen significant growth and profitability due to our continuous focus on cost innovation strategies."
But the experience of the emerging markets suggests that "cost innovation"—redesigning both products and processes from scratch to take out costs is a much more productive strategy.A growing number of Western company bosses have become aware of the potential for such innovations to change the way business is done in the West.
Even if it's overstated and that's only 5% to 10%, it's still an improvement in cost, innovation, revenue and the real drivers of a business model.
Realizing the cost, innovation and ongoing benefits of these SaaS and open-source solutions, the write-offs we were prepared to do were acceptable.
Table 4 Opportunities of future software organizations Enabling NEEDS for Software Competences and Resources / Roles Cost innovation: Same service or product can be implemented, provided and serviced with a lesser cost but similar quality.
Communicable diseases are not restricted by geography or borders with ever growing migration as the current Ebola outbreak illustrates; the NHS continues to look for low cost innovation, especially with recent economic stagnation; and globalisation means the UK is increasingly less isolated in health and economic terms.
Direct sales to investors had been a principal low-cost innovation in the company's early days.
GE has made India its global centre of "low-cost innovation".
And the plastic bag — with its underlying low-cost innovation, known as high-density polyethylene — can be said to fit the definition as much as, say, Amazon or Uber.
And the plastic bag with its underlying low-cost innovation, known as high-density polyethylene can be said to fit the definition as much as, say, Amazon or Uber.
It is found that an increase in the firms' quality and flexibility capabilities induces them to adopt further AMT, whereas advances in low-cost, innovation, and delivery capabilities appear negatively related to further AMT adoption.
