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In the ever-evolving world of business, one principle remains constant: the pursuit of profitability and competitiveness. To achieve these goals, companies need to be vigilant in their efforts to reduce costs while maintaining and even enhancing the quality of their goods and services. This ongoing endeavor, known as cost optimization, is not only crucial for bolstering profit margins but also for staying ahead in the competitive landscape and navigating economic turbulence.What is Cost Optimiza …