Meaning and methods of business process reengineering

In today rapidly changing economic situation and competitive market relations, there is an increasing need to optimize the business processes of organizations at all levels. One of the key tools for improving the quality of functioning is reengineering — a business management tool focused on analyzing problem areas and developing more optimal business processes within the organization. With this approach, organizations will be able to fundamentally rethink how they do their work to improve customer service, reduce operating costs, and ultimately increase profits.