lifetime value of the customers. CRM approach is still new for the corporate managers, as in India the customers are still at the receiving end only. The concept of CRM and its implementation creates chaos for the marketers, as they are unable to comprehend the benefits of this approach to enhance their relationships with their customers and ultimately gain the long-term profitability profit. History of CRM Before the introduction of CRM systems, customers would buy from
Words: 1780 - Pages: 8
Introduction: ERP is the short form of Enterprise Resource Planning. ERP utilizes ERP software applications to advance the performance of organizations' resource planning, management control and operational control. ERP software is multi-module appliance software that integrates activities across functional departments, from product planning, parts purchasing, inventory control, product circulation, to order tracking. ERP software may include application modules for the finance, accounting and human
Words: 2779 - Pages: 12
chain partners (suppliers, customers and logistics service providers), fostering trust between them and designing the right system of gauging performance. In this paper, we present a snapshot picture of logistics and Supply Chain Management (SCM) practices in India. It is borne out of the felt need by managers, expert professionals and academicians to address logistics and supply chain practices at the national level. Our exploratory study is based on both field visits and secondary data. We
Words: 6875 - Pages: 28
SAMSUNG INDIA-An Introduction Samsung India Electronics Private Limited (SIEL) is the Indian subsidiary of the US $55.2 billion Samsung Electronics Corporation (SEC) headquartered in Seoul, Korea. It is the hub of Samsung’s South West Asia Regional Operations, and looks after its business in Nepal, Bangladesh, Maldives & Bhutan besides India. SIEL commenced operations in India in December, 1995. Initially, a player only in the Colour Televisions segment, it later diversified into colour monitors
Words: 4641 - Pages: 19
PRENTICE HALL MA NAGEMENT INFORMATION SYSTEMS TITLES MIS: Brown/DeHayes/Hoffer /Martin/Perkins, Managing Information Technology 6/e © 2009 JessuplValacich, Information Systems Today 31e © 2008 Kr oenke, Using MIS 21e © 2009 Kr oenke, Experiencing MIS © 2008 Laudon/Laudon, Management Information Systems 10le © 2007 Laudon/Laudon, Essentials of Management Information Systems 81e © 2009 Luftman et aI., Managing the IT Resource © 2004 Malaga, Information Systems Technology © 2005 McKeen/Smith
Words: 39287 - Pages: 158
MANAGEMENT SYSTEMS IV. V. PRIVACY AND THE MARKETING INFORMATION SYSTEM CONCLUSION GLOSSARY customer relationship management (CRM) Software applications manage the interaction of customers with an organization. They are used to increase the return on marketing efforts by enabling the understanding of the complete history of a firm’s interactions with its customers. CRM systems are able to target promotions to likely buyers, facilitate sales efforts, and deliver customer service. cybermarketing The
Words: 9350 - Pages: 38
“ERP – THE CHANGES TRENDS SALES AND DISTRIBUTION” Prof. S.L Gupta* and Ms Richa sharma** * Professor, Birla Institute of Technology(Deemed University), Noida Campus, Noida (U.P). ** Research Scholar, Singhania University, Rajasthan. ABSTRACT TO keep pace with rapid changes in the business world, companies need an integrated and flexible enterprise system that supports all aspects of their business with state-of-the-art functionality
Words: 3694 - Pages: 15
Information Technology Implementation Plan for ProComm Technology Solutions, an IT Consulting Company George Lisboa Jr. American Public University System Abstract Companies must constantly search for new advantages, make smart entrepreneurial decisions, and orchestrate strategic change in order to stay ahead of the competition. Most of the world’s leading companies make regular use of consulting services to help them build and strengthen their competitive advantages. In responding to uncommon
Words: 6632 - Pages: 27
e-procurement also has it disadvantages; high cost of implementation and lack of readiness. More importantly a lot of businesses are not only concerned about cost saving advantage of e-procurement but also achieving high level of customer satisfaction through CRM. Electronic data interchange (EDI) enables the transfer and sharing of data and other forms of information electronically. This research paper will analyze the need for e-procurement, the IT tools and system involved, the advantages and disadvantages
Words: 6948 - Pages: 28
Club IT Final Project Final Project: Club IT, Part 3 Tim Deddeh XBIS/219 John Brooks Final Project: Club IT, Part 3 After an extensive amount of research, I have developed an assessment for Ruben and Lisa on their Club IT. They are looking to see improvement capabilities with an option to someday soon expand to a second nightclub. Being at this internship for a few months I was able to see firsthand what was working and what was lacking. My assessment includes a detailed technology plan
Words: 1781 - Pages: 8