Learn English – Single word/phrase for saving time and thus money

phrase-requestssingle-word-requests

In workplaces, efficiency or processes (ex. Lean Manufacturing or Kaizen) creates a greater output and/or saving money. While words like efficiency or economical implicitly suggest saved time, I'm trying to find a term that would condense "saving time and thus money" without losing the "thus money" semantic.

Best Answer

optimize

: modify to achieve maximum efficiency in storage capacity or time or cost FD

OPTIMIZATION

Finding an alternative with the most cost effective or highest achievable performance under the given constraints, by maximizing desired factors and minimizing undesired ones. Business Dictionary

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