reduce operating costs

USAGE SUMMARY

The phrase 'reduce operating costs' is correct and usable in written English.
It can be used to indicate a goal for organizations, companies, or businesses, such as in the sentence, "The goal of this project is to reduce operating costs by 20% over the next year."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

"We have to go beyond capital costs to speak to doing more for our customers by using virtualization to reduce operating costs and operational complexity," Mr. Maritz said.

The New York Times - Tech

And Brookhaven, a Suffolk County town that is larger in area than all of Nassau, is moving to centralize its operations and reduce operating costs in the process.

The New York Times

High initial line pack levels allow system operators to reduce operating costs, especially during the first hours of the day.

Journal of Modern Power Systems and Clean Energy

Nokia believes these changes will increase operational efficiency and reduce operating costs, creating an IT organization appropriate for Nokia's current size and scope.

TechCrunch

"This type of solution will improve the performance and operational safety of industrial activities, reduce operating costs, but also be used to serve customers".

TechCrunch

By consolidating GOM operations, ChevronTexaco will be able to reduce operating costs while leveraging Unocal's proprietary geologic data.

Forbes

This new focus requires specific tools for the optimal planning and operation of these networks in order to increase energy efficiency and reduce operating costs.

Applied Energy

"We assume four vessels will register under a foreign register to reduce operating costs," it says.

The Guardian - Opinion

But, to reduce operating costs, carriers stopped paying commissions to many travel agents in the 1990s.

The New York Times

Nothing wrong with that: these things reduce operating costs while benefiting the environment.

The Economist

It said the measures would help to reduce operating costs by $2.5 billion a year by 2010.

The New York Times

Expert writing Tips

Best practice

When aiming to "reduce operating costs", identify key areas where savings can be achieved, such as energy consumption, supply chain optimization, or automation of tasks.

Common error

Avoid focusing solely on short-term cost reductions without considering potential long-term negative impacts on quality, customer satisfaction, or employee morale. For example, cutting maintenance budgets may "increase operating costs" in the long run due to equipment failures.

Linguistic Context

The phrase "reduce operating costs" functions as a call to action or objective statement, typically used in business, economics, and engineering contexts. It often appears in discussions about efficiency, profitability, and sustainability, as confirmed by Ludwig AI.

Expression frequency: Very common

Frequent in

News & Media

41%

Science

37%

Formal & Business

10%

Less common in

Wiki

6%

Academia

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "reduce operating costs" is a widely recognized and grammatically sound phrase used to express the objective of lowering expenses in business and other operational contexts. Ludwig AI analysis of numerous sources reveals its prevalence in news, science, and formal business communications. When writing or speaking about this topic, consider synonyms like "decrease operating costs" or "slash operating costs" for variety, while remaining mindful of the potential long-term consequences of short-sighted cost-cutting measures. The goal should be to reduce expenditure but at the same time should not negatively affect the quality of services.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

decrease operating costs

A direct synonym indicating a decline in expenses.

reduce operation costs

A synonym that is just a variation of the query.

lowering operating costs

Focuses on the action of diminishing expenses.

reduce operative costs

A more technical term referring to the expenses related to the main operation.

slash operating costs

Emphasizes a more drastic or aggressive reduction in expenses.

reduce business costs

A broader term encompassing all expenses within a business.

reduce transaction costs

Focuses on lowering expenses specifically related to transactions.

reduce management costs

Specifically targets the costs associated with managing a business or project.

reduce performance costs

Refers to the expenses related to the performance of a task or system.

reduce capital costs

Addresses the initial investment or asset-related expenses.

FAQs

How can I use "reduce operating costs" in a sentence?

You can use "reduce operating costs" to describe actions taken to lower expenses, such as "The company implemented new strategies to "reduce operating costs" by 15%".

What's a simple way to explain "reduce operating costs"?

"Reduce operating costs" means to lower the money spent on running a business or system, like cutting electricity bills or using fewer resources. It's similar to "lowering operating costs".

What are some strategies to "reduce operating costs" in a business?

Strategies to "reduce operating costs" can include optimizing supply chains, improving energy efficiency, automating tasks, and "decreasing operating costs" by renegotiating contracts.

Is there a difference between "reduce operating costs" and "reduce operational costs"?

The terms "reduce operating costs" and "reduce operational costs" are largely interchangeable and refer to the same concept: lowering the expenses associated with running a business or process. They are synonyms and both mean "reducing operating costs".