Abstract
The Manufacturing Industry today is significantly challenged by slow growth and a tough global economy. In order to remain competitive in the global marketplace, manufacturers are adopting radical corporate strategies -- like flattening the organization, globalizing production, forming strategic alliances with customers, suppliers and competitors, merging with other companies to form new structures, decentralizing business units, and creating global business units. Having to deal with a whole new set of non-traditional competitors can slow progress of even the sleekest of companies. This has necessitated Business Process Re-Engineering (BPR) for manufacturers of all sizes, today. BPR is being used as a vehicle for re-aligning strategy, operations and systems to deliver significantly increased financial results and customer satisfaction. It helps to find ways to do more with less and provide a better product or service in the minimum amount of time- speed, quality, and cost being the key drivers. This paper provides a brief overview of BPR, and its critical success factors, in addition to discussing applicability of BPR to the manufacturing industry, based on current trends and corporate strategies. Finally, a conclusion is presented. This research paper is theoretical in nature.
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