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Business Process Re-engineering (BPR)
Business process re-engineering (BPR) is a business management strategy that analyzes an organization's existing business processes and systems. SMBs can use this strategy to: -Design new business processes and systems -Test, simulate, and prototype designs before implementing them -Manage the business implementation process
What Small and Midsize Businesses Need to Know About Business Process Re-engineering (BPR)
SMBs can use BPR to reduce operational costs, improve customer engagement, automate manual tasks, increase revenue and enhance the quality of products and services. Say for instance an SMB who has an established brick and mortar wants to sell its products on the internet. The retailer might use BPR to analyze its existing sales processes, design new strategies for eCommerce, and test new online-only products before selling them on its website. Another example of BPR is an independent bank that reviews its core business processes to improve productivity and deliver more value to its customer base.
Related terms
- PDM (Product Data Management)
- Project Management
- Gain Sharing
- Small and Midsize Business (SMB)
- Business Process Automation (BPA)
- Human Capital Management (HCM)
- Best Practice
- Business Process Management (BPM)
- Business Impact Analysis (BIA)
- Track And Trace
- Digital Business Transformation
- Bimodal
- Span of Control
- Solution
- Business Process Re-engineering (BPR)
- Enterprise Solutions
- Growth Strategy
- Project Management Office (PMO)
- Business Process Outsourcing (BPO)
- Line Of Business
