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English definition of “re-engineering”

re-engineering

noun [S or U] (also reengineering)
PRODUCTION the process of changing and improving the design of a product or system: GM expects productivity gains to come from a re-engineering that reduces the number of parts going into the car.
MANAGEMENT the process of changing and improving the way a company works, the way a job is done, etc.: They have applied these principles to a complex process of business re-engineering.
(Definition of re-engineering noun from the Cambridge Business English Dictionary © Cambridge University Press)

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