Cost Savings §

Group: 5 #group-5

Relations §

• Industrial Robots: The use of industrial robots can lead to cost savings by reducing labor costs and increasing productivity.
• Outsourcing: Outsourcing can lead to cost savings by leveraging lower labor costs, economies of scale, and specialized expertise.
• Cost Reduction: Cost savings refer to the actual reduction in costs achieved through various cost reduction initiatives.
• Disintermediation: Removing intermediaries can result in cost savings for both producers and consumers.
• Merger: One of the potential benefits of a merger is the ability to achieve cost savings through economies of scale.