What Does CRP Stand For?
CRP stands for Cost Reduction Program
CRP, or Cost Reduction Program, is a strategic initiative designed to identify and implement cost-saving measures within an organization. The program focuses on streamlining operations, optimizing resource allocation, and enhancing efficiency to reduce expenses while maintaining or improving service quality. By analyzing various business processes and leveraging data-driven insights, the CRP aims to achieve sustainable financial performance and enhance competitiveness in the market.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym