Operational costs refer to the expenses incurred by a business to keep it running smoothly. These costs include things like rent, utilities, wages, and supplies required for daily operations. In simple terms,
operational costs are the amount of money a company needs to spend on basic necessities to keep the business functioning.
Full definition
Having personnel work from home also
reduces operational costs for businesses and is associated with a boost in employee morale.
For that matter, do you actually believe that the duty cycle and size requirements of an off - grid PV system require $ 10,000 / year of
operational costs for batteries?
The optimal combination of trips would have reduced total travel time by 40 percent, with corresponding reductions
in operational costs and carbon dioxide emissions.
A solution addressing equipment performance helped an Asian dairy producer reduce
operational costs by 20 %.
When facing economic uncertainty, it is essential that pet specialty retailers find creative ways to
cut operational costs without killing sales.
The legal profession has contributed to the start - up and ongoing
operational costs as well as providing extensive volunteer support.
From traditional service areas to legal process outsourcing, outsourcing can be a strategy that reduces
operational costs while improving efficiency and expertise.
As the entrepreneur, you're responsible for ensuring that you have enough free cash to cover all your operating expenses, including payroll, utilities, rent, and
other operational costs.
Guided operational improvements, maximizing the value of the asset base while maintaining a tight control
on operational costs.
The organisation helps customers save money and reduce the strain on fresh water resources by decreasing consumption, CO2 emissions and
operational costs through lower energy consumption, raw material and sewage treatment.
They could adapt themselves to
rising operational costs very well unlike the giants that needed to spend more money on logistics.
The «standard expectation» is for schools to save at least 70 per cent on long -
term operational costs compared with a school built to standard regulations.
This newly designed press significantly raises the bar on production speed while lowering
operational costs compared with existing digital solutions.
While the change orders to the original design have added to the cost of the project, many of the alterations have been subsidized or will
save operational costs in the long run.
He says as
operational costs like gasoline for buses and insurance for employees continue to rise, the future of school programs will be compromised.
This is where stable and continuous performance is required, to achieve total control and predictability of line output and
operational costs over time.
These expenses include
regular operational costs, such as utilities, payroll and other typical recurring expenses but also includes one - payments, such as taxes and contractor invoices.
He said
operational costs need to fall to about $ 100 per ton of captured carbon for the technology to be scalable.
To create
necessary operational cost - savings, reduced staff head count and closed down operations in one city while implementing a wage roll back.
This includes preparing reports and strategies to aid in maintaining the server infrastructure, enabling apt security levels and
overseeing operational costs.
They are also expected to review
operational costs periodically and make some adjustments in certain expenses so as to save cost and keep the business running optimally.
I have exceptionally strong communication, troubleshooting, project management and quality assurance skills with an emphasis on
operational cost effectiveness.
Created a management system to measure and review the performance with stakeholders on - going, and solution improved user productivity by 35 % and reduced
operational costs by 15 %.
To generate high profits, some commercial breeding facilities
cut operational costs, such as staffing levels, veterinarian expenses and shelter conditions.
By conducting filling - machine maintenance using Maintenance Units and combining several parts to perform function together, we helped our customer to
reduce operational cost.
These benefits include reduction of pollution, decrease
in operational cost, good selling price for your vehicle when you decide to sell it, good vehicle performance and reduction of roadside emergencies.
At this level, a family's total housing costs, including utilities, furnishings and
other operational costs could be painful for awhile.
The fleet business we establish in a few of these places is going to drive really good
operational costs for our fleet buyers.
Phrases with «operational costs»