Profit Improvement Process Reengineering Your managers face challenges every day. Sometimes it is a new customer who needs special treatment or a new product that simply requires a tweak in a production process. Maybe it was an employee's schedule or a supplier's piece of equipment that needed to be accommodated. Over a period of time, these little changes to the way things are done can add up and create inefficiencies. Growth does not occur evenly. How we respond to the immediate challenges may be best at the time, but with so much changing, a periodic and comprehensive review is good management. Process Reengineering is a way to bring a fresh look at your company's processes, making them more efficient. Even more importantly, new ways of approaching business continue to be developed. The old paradigm of seeking to become more efficient has been replaced by a new one that stresses the importance of becoming more effective. The old adage "if it ain't broke, don't fix it" is long gone. Instead, if you are still doing things the way you did ten or even five years ago, chances are good that you've got an opportunity for major improvement. Process Reengineering is a quick and inexpensive way to improve profits. Excel can often find enough immediate cost saving opportunities to pay for the work of going after the more difficult ones. It is not unusual for cost savings to generate a very high return on the investment in process reengineering. Within a few hours, an assessment by Excel can determine whether further effort is warranted.

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