Difference between revisions of "Cost Optimization"
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Revision as of 17:59, 30 August 2021
Cost optimization is a business-focused, continuous discipline to drive spending and cost reduction, while maximizing business value. It includes:
- Obtaining the best pricing and terms for all business purchases
- Standardizing, simplifying and rationalizing platforms, applications, processes and services
- Automating and digitalizing IT and business operations[1]