Cost Reduction Quotes

There are really two things that have to occur in order for a new technology to be affordable to the mass market. One is you need economies of scale. The other is you need to iterate on the design. You need to go through a few versions.

When e-commerce companies build scale, cost comes down. Companies that can handle scale and reduce costs over time will win. Margins will come from reducing costs over time and not by increasing prices. Technology is the answer at large scale.

The One Ford plan drives the business to get PGA, Profitable Growth for All, meaning that every year we increase the profits and cash flow. So how do we do that? We serve all the markets around the world with a complete family of vehicles and use the One Ford Plan.

No one was talking about price decreases, but that does happen in the industry to keep medicine affordable.

Tough times call for tougher decisions.

Our goal is to make General Motors the most valuable automotive company. Clearly, that is having sustainable profitability and driving great returns for our shareholders.

A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer. A strategy is something you can touch; you can motivate people with; be number one and number two in every business. You can energize people around the message.

As Secretary of Defense my job would be much easier if I didn't have to put up with [budget] cuts.

What we've been finding is that when you remove the barriers to innovation, you can actually hold costs down while lifting entrepreneurs up and getting better health results.

If we drive down the cost of transportation in space, we can do great things.

Blockchain technology represents a generational opportunity to mutualize database infrastructure across entities within financial services. What that translates into is an enormous cost-saving, risk-reducing, and capital-enhancing opportunity.

Our progress isn't just limited to the operation. Financially, we have been performing well. United's 2015 earnings were one of the best in the company's history, and we made significant progress shrinking the margin gap with our closest competitors, strengthening our balance sheet, and returning significant cash to shareholders.

Of course we don't want the price of gasoline to go up, we want it to go down.

When I was speaker in North Carolina, the state was gripped with a deficit, and we made a fundamental policy decision to adopt austerity budgets for four years.

A big part of the success of Microsoft was that every year, the chips our software ran on got faster and cheaper. They doubled in capability every 18 months under Moore's law.

But today the quickest way to save your bottom line is to cut off research.

The biggest challenge is that when people look at low price point products, they essentially invest less money in development, innovation, and new technology. And in order to innovate at a lower price point, and make sustainability attainable to the masses, you have to invest more. But that's counterintuitive for a lot of businesses.

Funding for sports (and the arts) are often the first things facing the chop in difficult times.

It's all about competitiveness: are you making the products that people really do want and value, and are you making it more efficiently and using less resources and less time than the competition?

When I became mayor of New York City, I had a $2.4 billion deficit. And everybody wanted me to raise taxes. I said, 'If I raise taxes, I'll drive people out of New York City, and then I'll be raising taxes again.' So what I did was I cut expenses by 15 percent.

Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually.

The key to making things affordable is design and technology improvements, as well as scale.

I just want to make a difference. I want to make Chrysler the most profitable car company in the United States.

Making labor less expensive helps firms hire people.

Any country that wants to lower its mobile phone rates, all they need to do is bring in an aggressive player.