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Help support Wordnik (and make this page ad-free) by adopting the word cost-avoidance.
Examples
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The AP is a cost-avoidance mechanism not a source of profit.
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In exchange for the cost-avoidance and thus higher profit margins the newspapers paid fees to the AP — since the AP had no other source of revenue.
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For example, according to an economic model created by Dr. Hau Lee at Stanford University, companies can achieve net efficiency and cost-avoidance benefits of as much as $462 per container by leveraging the processes and technologies used in SST.
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"From a cost-avoidance perspective, the optimal number of hubs would be three, corresponding to Iqaluit, Yellowknife and Rankin Inlet," said the report, noting that an average of 49 per cent of transportation costs could be saved.
Thestar.com - Home Page Allan Woods 2011
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Additionally, we look forward to extending our enterprise capabilities with AWS Direct Connect, so that AWS can really be the 'cost-avoidance, virtual data center' in our future.
unknown title 2011
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In addition to managing existing costs, Lamb puts a high value on cost-avoidance in logistics operations.
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In addition to managing existing costs, Lamb puts a high value on cost-avoidance in logistics operations.
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Purchasing can collect and analyze electricity and natural gas bills to find inefficiencies in energy use and develop cost-avoidance systems, he says.
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They also say that no matter how well-intentioned or comprehensive the cost-avoidance and cost-reduction strategies, efficient execution isn't so easy.
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And it may be the one area where finance departments will give purchasing credit for cost-avoidance efforts.
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