Business Process Reengineering Comparison Essay by Jay Writtings LLC

Business Process Reengineering
An argument that business process reengineering is a superior tool in cost management.
# 119945 | 3,775 words | 8 sources | APA | 2010 | US
Published on May 30, 2010 in Business (Accounting) , Business (Management)


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Description:

The paper compares the process of business process reengineering to other cost management tools such as activity based management, just-in-time systems, target costing, total quality management and benchmarking. The paper explains how these other cost management tools focus on just select aspects of the problem while business process reengineering looks at the whole system through a holistic approach. This, in the writer's opinion, makes business process reengineering, based on a value-chain analysis, a superior tool in cost management.

Outline:
Abstract
Introduction
Various Strategies of Cost Management
Business Process Reengineering
Conclusion

From the Paper:

"Most businesses and business captains have constantly had to grapple with the problem of cost management. Some have merely reduced the issues in cost management to cost control and cost reduction this emphasizing the cost aspect of the equation at the expense of value creation and management. The unintended implication of this is that such businesses reduce cost to the point that they are not bale to provide adequate value or comparative value relative to those of competitors. Over the years various strategies have been advocated for handling the issues in cost management. Relevant amongst the strategies are target costing, just-in-time purchases and production systems, activity-based management, total quality, management and bench marking. These strategies have their various varied appeals. However, they all seem to fall short in the same respect. That is, individually, they do not take a completely holistic approach to the issues in cost management."

Sample of Sources Used:

  • Adeniyi, A. A. (2004) An Insight in Management Accounting. Lagos, Value Analysis consult
  • Convert, M. (1997) "Successfully Performing BPR" A visible Solution Paper, Visible Systems Corporation.
  • Cooper, R., et al (1992) "Implementing Activity Based Cost. Management: Moving from Analysis to Action "Institute of Management Accountants Journal Montrale, N.J. P. 308
  • Drury, C. (2000) Management and Cost Accounting. London, Thomason
  • Hammer, M. (1990) "Reengineering Work: Don't Automate, Obliterate." Harvard Business Review, (USA), July-August.

Cite this Comparison Essay:

APA Format

Business Process Reengineering (2010, May 30) Retrieved March 20, 2019, from https://www.academon.com/comparison-essay/business-process-reengineering-119945/

MLA Format

"Business Process Reengineering" 30 May 2010. Web. 20 March. 2019. <https://www.academon.com/comparison-essay/business-process-reengineering-119945/>

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