An organized and intentional one-time (cost reduction project) or continuous (cost optimization process) initiative taken with the goal to reduce business costs from a current level to a desired lower level.
Cost reduction may be targeted to one specific cost (account), a selection of costs (accounts) or organization-wide.

Cost control
A organized and intentional effort to limit the growth of costs within specific accounts. The management practice of putting lock limits on accounts is, in my opinion, an example of cost control. Mandating the reduction of consumption of a supply or utility is an example of cost control.

Cost Reduction Control Solution
Are you desirous of bringing your business cost under control?
Are you worried that your business returns are unsatisfactory?
Or looking for ways of routing out inefficiency?
Then your solutions are obtainable from Novex Consult.

Our Cost reduction solution is capable of
Generating easy cost savings
Removing unnecessary costs.
Getting rid of obvious overcapacity.
Cutting out obvious waste
Scrapping idle processes
Crack down on excessive costs.
Root out inefficiency associated with manual