Friday, January 18, 2019
CRM at Minitex Essay
CRM stands for  guest Relationship Management. It is a strategy  utilize to learn more  closely clients  ask and behaviors in order to  engender stronger  affinitys with them. It plays an important role in understanding clients needs by gathering the information about the customers that helps in marketing and merchandising the companys products. With an effective Customer Relationship Management strategy, an  physical composition  throw out increase revenues by providing better  work and selling products  effectively what the customers want. CRM is the key to better customer services. Through CRM, it is possible to discover  radical customers and retain the  exist ones. For it to function effectively, it is of importance for the organization to understand about their customers, their needs and develop a strategy to meet those needs.Therefore, an organization  must(prenominal) look at how the information can be saved and how  serviceable it can be. (Wailgum, 2007) Minitex is a company    that sells its products which  master(prenominal)ly centered through finance and insurance. These 2 divisions are administered by 4  dodges namely marketing, insurance, finance and CFO. (Reddy, 2015) George  withdraw is the director of   gross sales at Minitex. Harold Blufmen is the VP of insurance division and Mariella Hopkins head of the finance division. It consists of the administration  system that works on the billing and payments of the customers, a  worldwide Management system that keeps  embrace of the customers are the  dickens  binding-end systems for the insurance division. (McKeen, 2008)The main Problems at Minitex areUnprofessional Sales Calls to  resembling customers because the selective information in Minitex is  non  modify, so as the Sales people cannot keep track of customer information with current systems. Mariella Hopkins, VP of the finance who is IT enthusiast is open to  quislingism with other  section do not want to compromise existing systems. Another dra   wback is its divisions have specialized system terminology. (Reddy, 2015)Figure 1 CRM relationship and Management (Mckeen, 2008)Aspects for Flow of Information in MinitexThe Customer Contacts System The Customer Contacts system was created recently by Degass boss, Jon Bettman. This system  perpetrates sales people a better way to keep track of customer information. This system schedules, sales call on a periodic  innovation and provides mechanisms for generating and tracking new leads and it also forms the basis on which the marketing department pays the sales peoples commissions. Real- time information on sales by product, salesperson, and region gives Bettman and his team excellent feedback on how well their centralized marketing strategies are performing. For purposes of invoicing and servicing the accounts, the Customer Contacts system also feeds data into the insurance and financing divisions systems after sales are made.The Management  commercial enterprise Center System M   ariella Hopkins the VP of financing, and her division funded the development of a management  disdain center application. This system acts as an online customer self-service system. By this system, customers can  halt statements and online financing and often can get credit  clear instantly. Customer service representatives use the same basic system, with to track customer transactions and to provide customer support as needed.The Credit  judicial system System Minitex is using a Credit administration system which was  genuine 20 years ago. Harold Blumfen, VP of insurance is a  major profit  manufacturer at Minitex, he and his division uses a credit administration system to track customer billings and payments. The  popular Management System Minitex uses a  oecumenic management system to keep track of which products a customer has bought and what services the customer is entitled to. Both Credit Administration System and General Management System fundamentally back end systems. (McK   een, 2008)Discussion Questions1. excuse how it is possible for someone at Minitex to call a customer and not  bash (a) that this is a customer and (b) that this is the third time this week that they had been called. With Minitexs systems, both of these seem easy to accomplish. With the divisions not sharing the same system, they  may not have the most updated information when one person is  flavor up information. This would explain why an employee may call and not know that they are calling a customer. This is especially true, because some of the employees track their  sustain information to their own records, thus not updating the systems. It is possible to not know that a customer has been contacted three times, because the employees use their own  remembering to keep track of who they have called.2. Outline the steps that Bettman must  possess in order to implement CRM at Minitex. In your plan, be  trustworthy to include people, processes, and technology. To start this proces   s of implementing CRM, Bettman needs to get everyone on the same page. He also needs to take leadership of his department, making  net decisions based on evidence of the best choice for the entire department, whether or not everyone agrees. Bettman needs to get with Harold Blumfen and Mariella Hopkins and create unity between the two departments of things such as terminology, explaining that both divisions need to collaborate. The next step would be to get a handle on the current system, until they can obtain a new system. This needs to start by making  indisputable that all information is input into the system, ensuring all employees have the most  holy and up-to-date information.This will prevent blunders, and can be a major example to put in Degass  furrow  baptistry petitioning for a new IT system. Degas, meanwhile, will be working on his business case to give to IT, explaining that a new centralized system is needed. The system needs to be able to have a customer interface,  pr   ovided functionality for both divisions to input information and receive the information output  connect to their department. He can show the difference of customer interaction with  little and more information flow. Degas needs to get Bettman to network with IT in the request for the new system, having the main boss involved will give it more importance. Finally, with leadership and CRM at Minitex, the department will be back on track. (McKeen, 2008)ReferencesMcKeen, J. D., & Smith, H. (2008). IT strategy Issues and Practices (2 nd Ed) Reddy, A. (2015, February 12). Crm at Minitrex. Retrieved March 30, 2015, from http//www.papercamp.com/ raise/147554/Crm-At-Minitrex Wailgum, T. (2007, March 6). CRM Definition and Solutions. Retrieved March 30, 2015, from http//www.cio.com/article/2439505/customer-relationship-management/crm-definition-and-solutions.html  
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