From a management standpoint and a cost-reduction standpoint ... you can now with a single console, with reduced costs, manage all these point products with just one resource and one just one technology.
Quotes about cost-reduction (9 Quotes)
Market conditions are more favorable than we've seen in some time. Our efficiency and cost-reduction efforts have racked up record savings during the last two years and are on pace to do so again in 1999.
Cost-reduction targets sound good on paper but achieving many of them will require UAW cooperation.
Our operating expenses came down thanks to our cost-reduction efforts.
Our operating income is showing progress. Yet, it does not reflect the group's growth potential. That is why in 2006, we will strengthen our focused growth strategy and strengthen our cost-reduction efforts.
We don't believe IP telephony is a cost-reduction case. I fundamentally believe that the real value is not cost reduction but how it changes the business.
We are aggressively implementing our cost-reduction plans, which will yield more than 1 billion in savings by the end of 2001, ... Since the third quarter of 2000, we have taken actions that account for more than one-third of this target, including the reduction of approximately 2,000 jobs worldwide in the fourth quarter. This activity will intensify with the reduction of 4,000 jobs in the first quarter and additional reductions through the balance of the year.
Due to wet weather conditions, our wood costs were much higher than expected. However, these costs were partially offset by lower purchase prices for other raw materials and the continued success of our cost-reduction program.
As we move forward to the fourth quarter, Alcoa expects to benefit from the current strength in aluminum prices, the continued integration of our recent acquisitions, the cost-reduction program and the seasonal strength of our packaging and consumer business,