streamline - definition in the Business English Dictionary - Cambridge Dictionaries Online

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streamline

verb [I or T]
 
 
/ˈstriːmlaɪn/ MANAGEMENT
to make a business, process, activity, etc. simpler and more effective by reducing costs, the number of people involved in it, etc.: Around 1% of the global workforce are being laid off as the group attempts to streamline its business. Many governments have embraced outsourcing as a way to privatize, streamline, and lower costs.streamline operations/procedures/processes They are now under pressure to streamline operations after profits slumped by 45% last year.
(Definition of streamline from the Cambridge Business English Dictionary © Cambridge University Press)
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