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Logistics and IT technology Strategies I

May 24th 2006 12:05
Since I’m very interested in the logistics field and this blog is about technology, I would try to blend the best of both words in five core issues, the first of these issues is Customer Relationship Management (CRM).

Customer Relationship Management


Companies pursue efficient ways about how to add value to the customers, from this point of view a CRM strategy brings the customer close to the company allowing the company to focus its efforts in what really matters for the customer. Outcomes from this strategy are inventory reduction through more accurate forecast, strong relation with the client that permits the company to anticipate changes in demand. In essence the company has the opportunity to rationalize their resources according to the market behaviour.

Enhancing the flow of information from the customer to the company requires a complete IT strategy normally web based and in intensive retail industries the use of POS technologies is a key factor to a good CRM system. Rising technologies as RFID will represent and opportunity for companies to generate more value added in their products (Speer J. K., 2005).

Added value to the customer can be enhanced by the offering of tracking services based in technologies as transportation management systems, Advanced
Planning and Scheduling (APS) systems, satellite tracking systems, or flexible ordering systems based in online catalogues and B2B or B2C platforms (Fawcett, et al., 2005). Today, relationship with customers is migrating to on line real time systems that provide product and pricing information to support customer inquiries, facilitate order placement, and follow up with post sale services.



Image from Oracle/Siebel
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