Business Process Re-engineering (BPR) is a systematic approach to improving a company's value chain. Unlike other cost-cutting and streamlining business frameworks, BPR is not about making incremental changes or improvements. Instead, it involves rethinking and redesigning business processes from the ground up to achieve dramatic improvements in performance, such as cost reduction, speed, quality, and service. BPR may involve strategic decisions such as outsourcing, product redesign, or system integration. It's a radical change methodology that can lead to significant business transformations.
How do you cut costs and streamline workflows that are vital to your organization? Consider business...
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