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Cost Reduction Analysis (CRA) is a form of accounting that focuses on reducing costs and increasing profits. It involves analyzing the costs associated with a business and finding ways to reduce them. This can include identifying areas of waste, streamlining processes, and finding more efficient ways to use resources. CRA can also involve analyzing the pricing of products and services to ensure that they are competitive and profitable.
CRA is an important part of any business’s financial strategy. It can help businesses identify areas of potential savings and increase their profitability. Companies that specialize in CRA can provide valuable insights and advice to businesses looking to reduce costs and increase profits.
Some companies in the Cost Reduction Analysis market include Accenture, Deloitte, KPMG, McKinsey & Company, and PwC. Show Less Read more
