Business process re-engineering (BPR) began as a private sector technique to help organizations fundamentally rethink how they do their work in order to dramatically improve customer service, cut operational costs, and become world-class competitors. A key stimulus for re-engineering has been the continuing development and deployment of sophisticated information systems and networks. Leading organizations are becoming bolder in using this technology to support innovative business processes, rather than refining current ways of doing work.
Business Process Re-engineering (BPR) is basically the fundamental re-thinking and radical re-design, made to an organization’s existing resources. It is more than just business improvising. For successful execution of the BPR project, Consultant follows a comprehensive & proven methodology that has six phases.
Identify key business processes that need improving and automating
Identify key people and communications necessary in each process flow
Map “as is” and “to be” process flows
Develop a strategic plan to implement the new process flow
Implement the developed strategy
Optimize and improve the process once implemented
What VJM & Associates Offers
We work directly with management to quickly stabilize performance by developing and implementing a strategic plan that addresses the immediate challenges an organization is facing. We also advise management on the restructuring and turnaround process and financial and operational issues, helping an organization restore confidence in its lenders, creditors and investors.
Our hands-on industrial experience helps us analyze any business process in its totality, and not in isolation. We bring to the table an external, objective and unbiased view so as to enable all to “think out of the box”. We strive to create a fresh approach to a given process. Our Business Process Re-engineering Service works cooperatively with you to identify, develop, and implement strategic operational improvements with maximum benefits in resource-management, service quality, scalability, and competitive positioning. Our Business Process Re-engineering Service includes:
Manage cash and working capital
Model cash flow
Evaluate viability of operations
Prepare liquidation analyses
Identify and analyze assumptions, business plan forecasts and projections
Assess feasibility of business plans
Analyze reorganization plans and alternatives
Assist in the development of exit strategies
Assist with debt restructuring
Negotiate with creditors
Administer crisis cash management
Perform interim management responsibilities
Identify issues affecting profitability