Engineering-led cost reduction is a method of reducing costs by using engineering techniques and principles. This approach typically involves analyzing the current design of a product or process and identifying areas where costs can be reduced without compromising the performance or quality of the product. This might involve redesigning components to use less expensive materials, streamlining the manufacturing process, or finding more efficient ways to use energy or other resources. The goal of engineering-led cost reduction is to find cost savings through innovative engineering solutions.
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