lowering operating costs

USAGE SUMMARY

The phrase "lowering operating costs" is correct and usable in written English.
It can be used in contexts related to business, finance, or management when discussing strategies to reduce expenses. Example: "The new software implementation is aimed at lowering operating costs while improving efficiency."

✓ Grammatically correct

Formal & Business

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

15 human-written examples

Interestingly, Mobil placed a heavy emphasis on objectives to improve its basic refining and distribution operations, such as lowering operating costs, reducing the downtime of equipment, and improving product quality and the number of on-time deliveries.

Harvard Business Review

Those cuts were absorbed in part by lowering operating costs and attracting foreign financing.

The Guardian - TV & Radio

(Greenness is a common value in most Silicon Valley complexes, sustainability being both the least controversial of the industry's efficiencies and, ideally, a way of lowering operating costs).

The New Yorker

The new method improved average product quality which the old CFC-based cleaning agent had occasionally compromised while also lowering operating costs.

Harvard Business Review

The keys to Aldi's success have been the format's simplicity and a focus on lowering operating costs, which results in lower prices.

Harvard Business Review

In a recession, a luxury retailer like Saks must walk a razor's edge between lowering operating costs to survive a slowdown in consumer spending and maintaining its status as a purveyor of elite brands.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

45 human-written examples

It lowers operating costs and gives consumers more money to spend.

The New Yorker

LEED buildings are designed to lower operating costs, cut waste, conserve energy and water and reduce greenhouse gas emissions.

The New York Times

Scandinavian companies developed innovative pulping and bleaching technologies that not only met emission requirements but also lowered operating costs.

Harvard Business Review

"The result is that you're able to lower operating costs because you're not maintaining as much ground, or maintaining it as frequently," he said.

The New York Times - Travel

Shifting to the new plant allowed The Chronicle to eliminate more than 200 jobs, but Mr. Keith would not say whether it had lowered operating costs.

The New York Times

Expert writing Tips

Best practice

When aiming for "lowering operating costs", prioritize strategies that yield long-term savings, such as investing in energy-efficient equipment or streamlining processes, rather than focusing solely on short-term cuts that may compromise quality or productivity.

Common error

Avoid cutting costs indiscriminately without considering the long-term consequences. Ensure that efforts aimed at "lowering operating costs" do not compromise essential functions, employee morale, or product quality, which can ultimately lead to increased costs in the future.

Linguistic Context

The phrase "lowering operating costs" functions as a gerund phrase, often acting as a noun. It commonly serves as the subject or object of a sentence, describing the action of reducing expenses related to business operations. Ludwig AI confirms that this is a correct and usable phrase.

Expression frequency: Common

Frequent in

News & Media

40%

Formal & Business

30%

Science

30%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "lowering operating costs" is a grammatically sound and frequently used phrase, as confirmed by Ludwig. It serves to express the action of reducing business-related expenses, often reflecting strategies aimed at financial efficiency and sustainability. Its prevalence in news, business, and scientific contexts underscores its professional register. While pursuing this goal, it's crucial to prioritize long-term savings and prevent the overemphasis on short-term cuts that may jeopardize essential functions. Consider alternatives such as "reducing operational expenses" to diversify your language.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

reducing operational expenses

Focuses on the action of decreasing expenses related to operations.

cutting costs of operation

Emphasizes reducing the financial burden of running a business.

minimizing running costs

Highlights the act of keeping ongoing expenses as low as possible.

decreasing overhead expenses

Specifies a reduction in the indirect costs of doing business.

trimming expenditure on operations

Suggests a careful reduction in the money spent on business activities.

optimizing cost efficiency

Highlights improving efficiency with the goal of lower costs.

improving cost effectiveness

Focuses on increasing the value gained for each dollar spent.

rationalizing operating budgets

Implies streamlining budgets to achieve cost savings.

streamlining operational costs

Focuses on making operational processes more efficient and cost effective.

reducing overhead costs

Similar to overhead expenses, but focuses on reduction.

FAQs

What are some effective strategies for "lowering operating costs" in a business?

Effective strategies include streamlining processes, negotiating better supplier contracts, investing in energy-efficient technology, reducing waste, and optimizing staffing levels. Each approach should be tailored to the specific needs and circumstances of the business.

What's the difference between "lowering operating costs" and "reducing operational expenses"?

While both phrases are similar, "lowering operating costs" generally refers to making business operations more efficient to decrease expenses. "Reducing operational expenses" can sometimes imply specific cuts or reductions in spending within the operations.

How can technology contribute to "lowering operating costs"?

Technology can automate tasks, improve efficiency, reduce waste, and provide better data for decision-making. Implementing cloud-based solutions, using data analytics to optimize resource allocation, and adopting energy-efficient equipment are just a few examples.

What are the potential risks of aggressively "lowering operating costs"?

Aggressively cutting costs can lead to reduced product quality, decreased employee morale, increased customer dissatisfaction, and damage to a company's reputation. It is crucial to balance cost-saving measures with maintaining the overall health and sustainability of the business.