greater cost efficiency

USAGE SUMMARY

The phrase "greater cost efficiency" is correct and usable in written English.
It can be used when discussing improvements or advantages in financial performance or resource management. Example: "Our new strategy has led to greater cost efficiency, allowing us to allocate more resources to innovation."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

As a result, integrated systems like Kaiser's provide 22percentt greater cost efficiency than competing systems, according to a 2007 study by Hewitt Associates.

The New York Times

Second, companies in the sweet spot of support have a greater cost efficiency for their entire sales organization, because sales support staff are usually paid less than frontline sales reps.

Harvard Business Review

In addition to the potential regenerative benefits, DeNovo engineered tissue avoids donor site morbidity, has the potential for greater cost efficiency, and is a potential single-step procedure.

Operative Techniques in Sports Medicine

The Investment Company Institute, a trade group representing mutual funds, said on Friday that the six-month delay would "provide funds with significant additional time to implement Facta's many obligations with greater cost efficiency and to accommodate the successful and ongoing intergovernmental agreement initiative".

The New York Times

The importance of innovation as one of the primary means by which a firm can achieve sustainable growth (Senge and Carstedt, 2001; McEvily et al. 2004) as well as addressing the key issues facing firms in today's competitive environment: greater cost efficiency and the provision of new products to meet customers' demands.

Journal of Global Entrepreneurship Research

The use of IGRAs has increased specificity in the diagnosis of LTBI, and has proven greater cost efficiency, especially in the use of preventive therapy [ 15, 16].

BMC Infectious Diseases

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

Looking ahead, Capita remained positive despite the warning, saying: "The opportunities to work with central and local government to deliver greater cost efficiencies across public services through new outsourcing initiatives are strong".

Independent

3) Greater cost efficiencies.

TechCrunch

We have built a team that can execute with great cost efficiencies, and are prepared to take our business globally.

TechCrunch

National iron fortification programs achieve great cost-efficiency in preventing anemia due to their ability to achieve high coverage, decreasing anemia rates by 10 to 20 percentage points in some populations [ 53].

Cost Effectiveness and Resource Allocation

The mission of KnaelHaed ASPware is to provide a medium for custom builders, general contractors, design builders, engineer-contractors, joint-venture contractors, and turnkey contractors to outsource their works with greater cost saving efficiency.

Bplans

Expert writing Tips

Best practice

When aiming for "greater cost efficiency", focus on quantifying the gains by using metrics such as 'percentage reduction in expenses' or 'return on investment' to demonstrate the tangible benefits of your actions.

Common error

Don't just claim "greater cost efficiency" without providing concrete examples or data. Substantiate your claims with specific details about how the efficiency was achieved and the resulting savings.

Linguistic Context

The phrase "greater cost efficiency" functions as a noun phrase. It typically acts as an object or complement within a sentence, describing an improved state of financial performance or resource utilization. Ludwig examples show its use across various contexts.

Expression frequency: Uncommon

Frequent in

Science

38%

News & Media

38%

Formal & Business

24%

Less common in

Academia

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "greater cost efficiency" is a grammatically sound and professionally appropriate phrase that indicates an improvement in managing expenses and resources. As Ludwig AI confirms, it is commonly used across scientific, news, and business contexts. While the phrase itself is clear, remember to substantiate claims of "greater cost efficiency" with concrete data and examples to avoid vagueness and enhance credibility. Consider alternative phrases like "improved cost effectiveness" or "enhanced financial efficiency" to add nuance to your writing. Using the phrase effectively involves quantifying the gains and detailing the methods used to achieve the efficiency.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

improved cost effectiveness

Focuses on the overall effectiveness relative to the cost, implying a better balance between results and expenses.

enhanced financial efficiency

Highlights improvements specifically within financial operations and management.

increased value for money

Emphasizes receiving more benefits or quality for the same amount of money spent.

optimized resource allocation

Indicates a strategic distribution of resources to maximize their impact and minimize waste.

streamlined operations

Suggests simplifying processes to reduce redundancy and improve overall efficiency, which can lead to cost savings.

better resource management

Focuses on handling resources more effectively to minimize waste and maximize output.

superior economic performance

Implies an overall improvement in economic results, often through better financial practices.

cost optimization strategies

Focuses on the methods and approaches used to minimize costs while maintaining or improving output.

achieving economies of scale

Implies that the cost advantages are due to increased production and operational size.

improved budget management

Indicates better handling and oversight of financial budgets, resulting in lower costs or better financial results.

FAQs

How can I use "greater cost efficiency" in a sentence?

You can use "greater cost efficiency" to describe improvements in financial performance or resource management. For example, "The new technology led to "greater cost efficiency" in our manufacturing process."

What's a good alternative to "greater cost efficiency"?

Depending on the context, you could use alternatives like "improved cost effectiveness", "enhanced financial efficiency", or "increased value for money".

How does "greater cost efficiency" differ from "cost savings"?

"Cost savings" refers specifically to reducing expenses, while ""greater cost efficiency"" implies optimizing resources to achieve better financial outcomes overall. The latter is a broader concept that includes but is not limited to cost reduction.

Is "greater cost efficiency" a formal or informal term?

"Greater cost efficiency" is suitable for professional and formal contexts, such as business reports, academic papers, and official communications. It is considered a neutral and clear expression.