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Upstream Costs
Expenses incurred in the early stages of a product's life cycle, such as exploration and development costs in the oil and gas industry.
Downstream Costs
Costs incurred after the production process, including distribution, marketing, and customer service expenses.
Business Process Re-engineering
The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.
Work Flow
Work Flow is the sequence of processes through which a piece of work passes from initiation to completion, often in a business or manufacturing context.
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