What does 'business process re-engineering' entail in operations? 🔊
Business process re-engineering entails the re-thinking and redesigning of business processes to achieve significant improvements in productivity, quality, and efficiency. This approach involves analyzing existing processes, identifying bottlenecks, and implementing changes that align with organizational goals. By embracing innovative methods and technologies, organizations can streamline operations and reduce costs. Ultimately, business process re-engineering supports organizations in becoming more agile and responsive to market changes, driving overall performance improvements.
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