Words / R / Business

rationalisation

noun/ˌræʃnəlaɪˈzeɪʃn/

B1CEFR level
40/100Rarity: uncommon
TechnicalRegister

The streamlining of a product range, supplier base, or facility network to cut cost and complexity.

Supplier rationalisation took us from four hundred vendors to ninety and strengthened our buying power.

Similar: streamlining

Topic: Operations & supply chain in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Operations & supply chain