Which of the following is NOT a method to reduce costs for competitive advantage?

The selection of avoiding overtime work as the method that does not contribute to reducing costs for competitive advantage highlights a common misconception in cost management strategies. While avoiding overtime work can certainly help in managing labor costs by preventing higher wage expenses that come with overtime pay, it is not a proactive cost-reduction strategy in the same way as the other options listed.

Implementing automation in production serves to improve efficiency and productivity, thereby directly lowering labor costs and potentially enhancing output quality. This method not only minimizes manual labor dependence but also allows for a consistent production rate, which is crucial for maintaining competitive pricing.

Streamlining logistics and supply chain operations is vital for reducing overhead costs associated with inventory management and transportation. By optimizing these processes, a company can minimize waste and improve delivery times, which directly contributes to cost savings and a stronger market position.

Negotiating better supplier contracts is another effective strategy for reducing costs. By securing more favorable terms, a business can lower the cost of raw materials and components, hence improving its overall cost structure. Strong supplier relationships can also lead to discounts and improved service levels, further enhancing a company's competitive edge.

In summary, while avoiding overtime can help manage costs, it is not a focused strategy aimed at sustainable competitive advantage relative to the other options,