Re-engineering is the example used to cut he size of the accounts payable department by 95 percent.
A good business process reengineering can elevate a mediocre business to the top of its sector. A excellent illustration would be the Ford Company's restructuring of its production procedures, which replaced manual labor with an assembly line.
Re-engineering is the process of disassembling a system and modifying it so that it may be put back together differently. This method includes a number of related steps, such as rebuilding, reverse engineering, and forward engineering.
Business Method By removing inefficient processes and the workers who carry them out, reengineering lowers costs and cycle times. Reorganization by teams reduces the need for management layers, speeds up information flows, and gets rid of mistakes and redundancy brought on by several handoffs.
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