the.com/cost reduction
the corporate art of doing the same thing for less, then bragging about it in a slide deck.
means deliberately lowering expenses without (in theory) losing the value the money was buying.
from emerged as a formal discipline in early-1900s manufacturing, when time-and-motion studies and assembly lines turned trimming waste into a science instead of a shrug.
toyota's contributionkaizen turned cost cutting into daily continuous ritual.
dark twinoften means layoffs wearing a nicer suit.
famous backfirecutting quality control costs preceded several major recalls.