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The study provides some insights for firms in the process of implementing a supply chain management system.
Finally, competitive pressure and CRM adoption positively influence CRM routinization.
Thus, a new approach to perform Customer Relationship Management (CRM) is arising, the Social CRM (SCRM).
Practical implications – This classification provides a useful tool to supply chain managers...
CRM activities may be very effective in enhancing customer loyalty for profit.
We propose that, for these organizations, supply chain strategy, stakeholder identification and engagement, and relationship management might differentiate SISCM from traditional supply chain management.
However, two distinct literature streams, namely sustainable supply chain management and product service systems, seem to offer valuable insights into the investigation of supply chain management in a circular economy.
The application of supply chain management in construction industry may provide a new solution for resolving these problems from systems perspective.
To make CRM work through supply chain efficiency, the CRM strategy, the CRM-ERP integration architecture and the trust between supply chain participants shall above all be carefully considered.
Supply chain management is effective in integrating the production, operational, or strategic activities in buyer-seller relationships.
Contribution of the article: This article addresses the significance of outsourcing the CRM function and provides evidence that buyer trust in its CRM supplier is a critical factor in its utilization of CRM data for organizational learning and firm performance.
The discussion suggests that supply‐chain...
Practical implications: For effective use of CRM data, it is important for buyer firms to develop trust in their outsourced CRM supplier.
By measuring CRM performance in terms of the initiation, maintenance, and retention of customer relationships, the study provides a detailed picture of what CRM implementations are capable of achieving.

Related Questions

How does CRM help sales and marketing?4 answersCRM helps sales and marketing by improving customer relationships, increasing sales efficiency, and enhancing the overall customer experience. It allows businesses to synchronize, automate, and organize sales, marketing, customer service, and technical support activities through the use of technology. CRM modules, such as automated chatbots, can help sales and marketing teams better respond to customer needs and speed up the sales cycle. Implementing a CRM system provides small and medium-sized businesses with a cost-effective tool to manage sales processes, track marketing efforts, and maintain contacts with prospects and clients. A CRM system can also provide analytical data and follow-up modules to help salespeople track prospects and improve revenue generation. By focusing on the quality of the customer experience, CRM strategies can increase customer loyalty, cross-selling, up-selling, and deep-selling opportunities, and reduce the costs associated with acquiring new customers.
How can crm help?5 answersCRM, or Customer Relationship Management, can help in several ways. It can improve customer services, increase personalized service, be responsive to customer's needs, enable customer segmentation, improve customization of marketing, facilitate multichannel integration, save time, and enhance customer knowledge. Additionally, CRM technologies can be used to achieve stable competitive advantage for companies. In the healthcare industry, CRM can contribute to the accuracy and availability of personal health records, ensuring continuity of care, evidence-based treatment, and preventing medical errors. Furthermore, CRM wellness skills can be integrated into addiction treatment and prevention programs to address the issues of addiction and reduce the impact of the opioid epidemic. Finally, CRM can be utilized in the security core of a networked banking app to provide a secure environment, defend against fraud, and obfuscate protocols and program code.
What are the crm dimensions?5 answersCustomer Relationship Management (CRM) dimensions identified in the abstracts include customer orientation, customer experience, service process, E-commerce, WAP mail services, short message services for mobile, E-business, E-business environment, electronic CRM, data mining, education, power supply industry, long-term cooperation, CRM technology-oriented, customer participation, information sharing, consultation on problems, cultural dimensions, customer interaction management (CIM) capability, customer relationship upgrading (CRU) capability, and customer win-back (CWB) capability.
How did term CRM change over time?3 answersCRM has evolved over time. Initially, CRM software was recognized for its benefits in the enrollment process and throughout the student lifecycle in colleges and universities. In the late 1980s, software for managing relationships with customers started to change lives, leading to the emergence of sales force automation (SFA) and the evolution of customer service, marketing, and e-business into eCRM. However, traditional approaches based on the RFM model faced challenges in applying the method in general scenarios and in analyzing multiple characteristics of customers separately. In recent years, there has been a shift towards in-memory analytics, which allows operational data to be held in a single database for real-time analytical requests. Despite the buzz around CRM and the investments made by companies, many executives struggle to determine the balance between the business value of CRM and its costs, highlighting the need for integrated and dynamic models for evaluating CRM investments.
How the definition of crm changed over the time?4 answersThe definition of CRM has evolved over time. Initially, CRM was seen as a software tool that helped businesses manage customer relationships and improve communication. However, as the concept developed, it became clear that CRM had broader applications beyond just the enrollment process, and it could be used throughout the entire student lifecycle in colleges and universities. In the field of corporate social responsibility (CSR), the lack of a universally accepted definition has hindered its progress. A study analyzing 110 definitions of CSR found that the concept has evolved over six decades, with recurring dimensions including economic, social, ethical, stakeholders, sustainability, and voluntary aspects. This comprehensive understanding of CSR is a result of the field's historical development and the mapping of key terms and their interrelationships. Overall, the definition of CRM has expanded to encompass a broader range of applications and dimensions, reflecting the changing needs and understanding of businesses and organizations.
What does CPM stand for in supply chain?10 answers

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Are there any similarities between the definitions of coproduction and value co-creation?
5 answers
The concepts of coproduction and value co-creation share similarities in the realm of healthcare services. Coproduction involves a shift from viewing healthcare as a product to a service co-created by the healthcare system and users. Similarly, value co-creation emphasizes collaboration between professionals and end-users to enhance patient involvement in managing their conditions. Both concepts aim to maximize value creation by leveraging interactions between different functions within a firm or between service providers and users. They highlight the importance of interactive relationships, dynamic processes, and the involvement of various stakeholders in enhancing service quality and outcomes. Overall, coproduction and value co-creation underscore the significance of shared responsibility and active participation in service delivery to optimize results.
Why digital food supply chains in developing countries do not pay attention to environmental sustainability?
4 answers
Digital food supply chains in developing countries often overlook environmental sustainability due to various factors. Limited understanding and resources hinder the maturation of sustainable supply chains (SSCs) in these regions, impacting their ability to deliver environmental goals. Additionally, the focus on increasing food grain production in countries like India has led to challenges in integrating social sustainability factors into supply chain operations. While digitization can enhance efficiency and responsiveness in food supply chains, the process is resource-intensive and time-consuming, deterring attention from environmental concerns. Moreover, the lack of a systematic approach to prioritize sustainability measures in supply chains contributes to the neglect of environmental aspects in digital transformations of food supply chains in developing nations.
How does the concept of one health relate to other health concepts such as holistic health and integrated health?
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The concept of One Health aligns with holistic health and integrated health by emphasizing the interconnectedness of humans, animals, plants, and the environment. One Health promotes a collaborative, transdisciplinary approach at various levels to achieve optimal health outcomes by recognizing these interconnections. It focuses on protecting the health of all these elements through coordinated efforts, considering chemical and microbiological risks in the food chain. This approach is recognized in various strategies globally, such as the German Antibiotic Resistance Strategy and the global initiative Nature for Health, highlighting the importance of addressing health issues across different sectors and disciplines. By integrating One Health principles into healthcare systems and policies, a more comprehensive and sustainable approach to health can be achieved, encompassing the well-being of individuals, animals, and ecosystems.
Why does firm invest in cybersecurity?
5 answers
Firms invest in cybersecurity due to the increasing threats in cyberspace, which can lead to operational disruptions and significant damage to resources like finances and information. The decision to invest in cybersecurity is influenced by various factors, including breach costs and breach identification sources, as firms tend to increase cybersecurity investments in response to higher breach costs and breaches identified by third parties. Additionally, firms react to data breaches by hiring more cybersecurity talent, especially when there is greater media and public attention following a breach event, indicating a market failure in cybersecurity investment due to information asymmetries. Moreover, in supply chain scenarios, firms face challenges in making decisions on security investments and information exchange modes, with interconnected systems improving security investment efficiency and reducing free-riding behaviors among suppliers.
How do the management practices used by suppliers affect purchasing companies?
4 answers
Supplier management practices significantly impact purchasing companies. Studies highlight the importance of supplier relationships, information technology, and quality management practices in purchasing. Effective supplier management directly influences firm performance through purchasing practices. Research emphasizes the critical role of supplier evaluation, cooperation, and IT platforms in enhancing procurement effectiveness. Furthermore, procurement management practices, including supplier outsourcing and logistics management, positively influence manufacturing firms' performance. Implementing efficient supplier management methods, such as centralized databases for supplier information, streamlines operations, saves time, and improves efficiency for purchasing companies. Overall, robust supplier management practices are crucial for optimizing purchasing performance and overall organizational success.
How has the integration of Artificial Intelligence (AI) transformed the operations management landscape in various industries?
4 answers
The integration of Artificial Intelligence (AI) has revolutionized operations management across industries by enhancing efficiency, customer satisfaction, and cost-effectiveness. AI-powered service operations (AIServiceOps) automate and optimize processes like customer service, sales, and supply chain management. This transformation is facilitated by the accessibility of advanced AI technology due to cloud computing and decreased costs, benefiting industries like healthcare, retail, and manufacturing. Customer satisfaction in service operations is positively influenced by AI, as seen in online review data analysis of hotels, highlighting AI's role in resilient service operations. Moreover, AI's potential adoption in supply chain management is emphasized, with a research agenda focusing on leveraging AI-powered tools for operational benefits.
Overview of aircraft manufacturing industry?
5 answers
The aircraft manufacturing industry is a vital sector characterized by modern practices like machining, 3D printing, and automation to meet the increasing demand for 35,000 aircraft over the next two decades. The U.S. holds a dominant position in aerospace manufacturing, benefiting from well-paid jobs, trade surplus, and strong sales to airlines and the government. The U.S. commercial aerospace manufacturing industry faces major trends affecting its future. Key points in aircraft manufacturing and supply chain involve macro processes, logistics, and material flow from suppliers to customers. The global aircraft industry is competitive, with soaring orders for commercial and military aircraft, necessitating strategies like global supply networks and skilled workforce retention to address challenges like fuel prices and environmental impact.
What is the current state of sustainable food packaging and waste management practices?
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The current state of sustainable food packaging and waste management practices is multifaceted. Research highlights the significance of sustainable practices in various sectors, including hospitality, agriculture, and general food packaging. Studies emphasize the need for sustainable food waste management in hotels to align with the United Nations Sustainable Development Goals. Additionally, utilizing agro-waste for eco-friendly food packaging supports sustainable development goals in a circular economy. The environmental impact of packaging waste, especially in the food industry, underscores the importance of improving recycling processes and adopting sustainable alternatives to reduce pollution and promote responsible packaging practices. Furthermore, implementing blockchain technology in food supply chains can enhance transparency, security, and efficiency, particularly in managing leftover food distribution to the underprivileged.
What are the key components of a sustainable supply chain management system?
5 answers
A sustainable supply chain management system comprises crucial elements to ensure environmental, social, and economic sustainability. Key components include integrating customers' requirements (CRs) and technical requirements (TRs), leveraging digital technologies like cloud computing and artificial intelligence, focusing on reducing waste, carbon footprint, and emissions while enhancing worker safety and environmental protection, and conserving resources like energy and water while reducing food waste in the food supply chain. Additionally, sustainability in the supply chain involves addressing social, economic, and environmental impacts throughout the product life cycle, promoting ethical business conduct, and managing risks effectively. By incorporating these components, organizations can develop resilient and sustainable supply chains that meet the evolving demands of stakeholders and contribute to long-term sustainability goals.
What factors affect the transport of fruit?
5 answers
Factors that affect the transport of fruits include operational issues, poor preservation, lack of ease of in-transit, poor infrastructure. Mechanical damage during transportation, such as bruising and crushing, is a significant concern for fruit quality. Vibration levels during transportation, influenced by factors like suspension type, traveling speed, and road conditions, can lead to product damage. The type of fruit cultivar also plays a role, with certain cultivars being more resistant to damage during transportation than others. Additionally, innovative transportation devices like the fruit transportation device with tension springs and supporting framework aim to provide a solution for efficient and cost-effective fruit transportation in orchards.
What is a customer relationship management system?
5 answers
A Customer Relationship Management (CRM) system is a program designed to identify, build, and manage relationships with valued customers. It aims to increase customer loyalty, enhance repeat purchase habits, and ultimately boost the organization's profitability. CRM systems help in automating and standardizing customer interactions, organizing customer data, and scheduling customer service activities. By tracking customer history, implementing loyalty programs, and involving consumers in the product's value chain, CRM systems contribute to improving marketing communication effectiveness. These systems also assist in making the right marketing decisions by providing valuable insights into customer characteristics. Overall, CRM systems play a crucial role in fostering long-term relationships with customers, managing interactions effectively, and utilizing user-generated content to promote goods and services.