Business Process Re-engineering

When talking about re-engineering, it is easy to divide in to two parts Re-engineering and Process.
Let's see what are these.

Re-engineering
The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical contemporary measures of performance,such as cost,quality,service and speed.

Process
Process is a structured,measured set of activities designed to produce a specified output for a particular customer or market.

Some typical processes in ERP :

• Forecasting - shows sales and fund flows.
• Fund management - the necessity of funds and the way to raise these funds.
• Price planning.
• Budget allocation - using computerized algorithms to estimate desirable mix of funds allocated to various function.
• Material requirement planning.
• Quality control - that the products are of desired quality.

Now think with these two meanings,then you can get idea about BPR.

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