as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
find 3 ways to reduce the cost of a product
user
1. make the product more efficient and streamline the production process.
2. source materials or components that are cheaper but still of good quality.
3. negotiate discounts with vendors or suppliers.
assistant