Business Process Re-Engineering
The manufacturing industry today is significantly challenged by slow growth and a tough global economy. In order to remain competitive in the global marketplace, manufacturers are adopting radical corporate strategies — like flattening the organization, globalizing production, forming strategic alliances with customers, suppliers and competitors, merging with other companies to form new structures, decentralizing business units, and creating global business units. Having to deal with a whole new set of non-traditional competitors can slow progress of even the sleekest of companies. This has necessitated Business Process Re-Engineering (BPR) for manufacturers of all sizes (Greenberg, 2004).
Background
There a number of definitions of business process re-engineering (BPR). Klein and Manganelli in their book "The Reengineering Handbook" defines it as the "Rapid and radical redesign of strategic, value added business processes-and the systems,......
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Approximate Word Count: 1387
Approximate Pages: 6 (260 words per double-spaced page) |