Cost competitiveness definition

Cost competitiveness. For the proposed solution, it is critical that it is placed strategically among the current available solutions while it remains competitive compared to current measures. The cost structure would be a key factor. The challenge is to maintain the new solution’s cost competitiveness at the same level with the most common solutions, such as XPS. • Clearly stated benefits: The energy benefits and properties/features of the new solutions need to be clarified clearly. The new solutions should be characterised in terms of: λ coefficient, energy behaviour, safety and system/material warranty time. In case of internal insulation, additional features should be on the condensation of water vapour, low thickness of the internal insulation and safety of occupants. • Climate-adjustments: Two climatic-related features should be considered here. The first is related to variable thickness. In order to ensure widespread application of the new solution geographically, different thicknesses for the external insulation should be designed in order to respond to the different needs of different climates. Secondly, the solutions should be designed in view of the weather conditions in which the instalment process takes place. Considerations should be taken so that it is possible for installers to apply this in several conditions (e.g. warm/cold temperatures, wind, high sun exposure, rain and snow). • Minimum disturbance & easy installation: Relatively short installation time (key issue for internal insulation) and low disruption for the occupants are a significant bonus, which will over the time become a necessity if it is to keep a premium position in the market. The installation process (including anchorage system) should be simple with concrete and precise guidelines for installers. • Durability: The new solutions should be designed in such a way that high durability levels should be achieved. The designed approach should enable the possibility of small repairs (e.g. exchange of one or two damaged panel) with minimal additional disturbance works.
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Cost competitiveness means pricing your products lower than all competitors' products.
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Cost competitiveness means pricing your products lower than all competitors' products. True False
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Examples of Cost competitiveness in a sentence

  • TTM Supplier Scorecards are broken into 4 categories / subgroups:  DPPM Review  Corrective Actions  Cost competitiveness, payment terms  On Time Delivery, Product Lead Time, Timeliness of Order Acknowledgement  Availability of replenishment programs, such as Consignment agreement, Vendor Managed Inventory, etc.

  • The ▇▇▇▇▇▇▇▇▇ approach is to address, through process intensification and technological innovation, three of the highest priorities in the EU energy-intensive industry, namely: CO2 emissions reduction (- 35% for basic set up); Energy penalty (from current 30% of amine absorption down to potential 20% expected) Cost competitiveness (at least -20% for both CAPEX and OPEX).

Related to Cost competitiveness

  • Anti-competitive practice means any collusion, bid rigging or anti- competitive arrangement, or any other practice coming under the purview of the Competition Act, 2002, between two or more bidders, with or without the knowledge of the Bank, that may impair the transparency, fairness and the progress of the procurement process or to establish bid prices at artificial, non- competitive levels;

  • Competitive contracting means the method described in 31 sections 1 through 5 of P.L.1999, c.440 (C.40A:11-4.1 thru 40A:11-

  • Competitive when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans constituting such Borrowing, are made pursuant to Section 2.04.

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;

  • Competitive Product means a product or service, made or provided by a Competitor, which is the same as or is directly competitive with one with respect to which the Employee acquired confidential information relating to the Company, or its business, products or services by reason of the Employee's work with the Company.