Reflect Scientific, Inc. Announces Strategic Cost-Cutting Initiative to Reduce SG&A Expenses by Up to 35% in 2025

Core Viewpoint - Reflect Scientific, Inc. is implementing a comprehensive initiative to reduce Selling, General & Administrative (SG&A) expenses by up to 35% in fiscal year 2025 through the integration of artificial intelligence and expanded contract manufacturing relationships [1][3]. Cost Reduction Strategy - The company anticipates annual SG&A savings of up to 35% compared to 2024 levels, with initial benefits expected in the second quarter of 2025 [3]. - The cost-cutting initiative will allow the company to redirect resources toward core research and development activities, improving the bottom line and enhancing customer service through continued innovation [3]. Key Components of the Initiative - AI Integration: Implementation of artificial intelligence solutions across multiple business functions, including customer service, inventory management, and administrative processes [7]. - Expanded Contract Manufacturing: Strategic partnerships with additional contract manufacturers to optimize production efficiency and reduce overhead costs [7]. - Operational Streamlining: Reorganization of internal processes to eliminate redundancies and improve workflow efficiency [7].