significant cost reduction

USAGE SUMMARY

The phrase "significant cost reduction" is correct and usable in written English.
You can use it when discussing a notable decrease in expenses or costs in a business or financial context. Example: "The new strategy has led to a significant cost reduction, allowing us to allocate more resources to innovation."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

The Company has already undertaken and will continue to undertake significant cost reduction actions related to salaried workers also.

The New York Times

Both membraneless and anaerobic operation can result in significant cost reduction with improved operational flexibility.

Electrochemistry Communications

Significant cost reduction of algal biodiesel production through fermentation engineering based on the approach is expected.

Bioresource Technology

Automation alleviates their job and results in a significant cost reduction.

Biosystems Engineering

"The Focus on Vision work is very interesting in that it shows that significant cost reduction is possible," he said.

The New York Times

MC-GenomeKey also supports scenarios to exploit the spot instance model of Amazon in combination with the use of other cloud platforms to provide significant cost reduction.

Stanford University

Using automation, containerization, and innovation can result in significant cost reduction as well as reduced resource needs for utility and maintenance tasks.

Cornell University

A significant cost reduction of TCO thin film production is expected by use of much less expensive metallic alloy targets.

Surface and Coatings Technology

Various membrane technology improvements in the last decade have led to a significant cost reduction in reverse osmosis (RO).

Desalination

The experimental results show that the proposed algorithm provides a significant cost reduction in the network design.

Expert Systems with Applications

This provided a significant cost reduction for the process and allowed its more widespread use within engineering products.

Comprehensive Materials Processing

Expert writing Tips

Best practice

When discussing financial performance or strategic initiatives, use "significant cost reduction" to highlight improvements in efficiency and profitability.

Common error

Avoid using "significant cost reduction" when the actual reduction is minimal or has negligible impact on the overall financial health. Ensure the reduction is truly substantial and meaningful.

Linguistic Context

The phrase "significant cost reduction" functions as a noun phrase, where "significant" modifies "cost reduction". It describes a noteworthy decrease in expenses. As Ludwig AI confirms, this phrase is usable in written English.

Expression frequency: Very common

Frequent in

Science

45%

News & Media

30%

Formal & Business

25%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "significant cost reduction" is a frequently used and grammatically correct term, as confirmed by Ludwig AI. It serves to describe a substantial decrease in expenses across various domains, particularly science, news, and business. When using the phrase, ensure that the cost reduction is indeed meaningful to avoid overstating its impact. Alternatives like "substantial cost savings" or "major expense cut" can provide nuanced emphasis. The phrase's professional register makes it suitable for formal reports and articles. Remember that while "significant cost reduction" is common, it's essential to use it accurately to maintain credibility.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

substantial cost savings

Focuses on the positive outcome of reducing costs, emphasizing savings.

significant savings in expenditure

Highlights the savings achieved through reduced expenditure.

major expense cut

Highlights a large or impactful reduction in expenses.

major reduction in spending

Focuses on the act of reducing spending significantly.

considerable budget decrease

Specifies that the cost reduction affects the overall budget.

large-scale cost cutting

Implies a widespread effort to reduce costs across an organization.

notable decrease in expenditure

Emphasizes the reduction in spending with a more formal tone.

remarkable reduction in overhead

Focuses specifically on reducing overhead costs.

appreciable lowering of costs

Indicates a noticeable and worthwhile decrease in costs.

substantial diminution of expenses

Presents a more formal and emphatic way of describing reduced expenses.

FAQs

What does "significant cost reduction" mean?

It refers to a substantial decrease in expenses or costs, typically resulting in improved financial performance or efficiency.

How can I use "significant cost reduction" in a sentence?

Example: "The implementation of new technologies led to a "significant cost reduction" in manufacturing."

What are some alternatives to "significant cost reduction"?

You can use alternatives like "substantial cost savings", "major expense cut", or "considerable budget decrease depending on the specific context.

Is there a difference between "significant cost reduction" and "slight cost reduction"?

Yes, "significant cost reduction" implies a large, noticeable decrease, whereas "slight cost reduction" indicates a small, less impactful decrease.