• Title/Summary/Keyword: Introducing Strategy

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A study on the CRM strategy for medium and small industry of distribution (중소유통업체의 CRM 도입방안에 관한 연구)

  • Kim, Gi-Pyoung
    • Journal of Distribution Science
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    • v.8 no.3
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    • pp.37-47
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    • 2010
  • CRM refers to the operating activities that always maintain and promote good relationship with customers to ultimately maximize the company's profits by understanding the value of customers to meet their demands, establishing a strategy which may maximize the Life Time Value and successfully operating the business by integrating the customer management processes. In our country, many big businesses are introducing CRM initiatively to use it in marketing strategy however, most medium and small sized companies do not understand CRM clearly or they feel difficult to introduce it due to huge investment needed. This study is intended to present CRM promotion strategy and activities plan fit for the medium and small sized companies by analyzing the success factors of the leading companies those have already executed CRM by surveying the precedents to make the distributors out of the industries have close relation with consumers to overcome their weakness in scale and strengthen their competitiveness in such a rapidly changing and fiercely competing market. There are 5 stages to build CRM such as the recognition of the needs of CRM establishment, the establishment of CRM integrated database, the establishment of customer analysis and marketing strategy through data mining, the practical use of customer analysis through data mining and the implementation of response analysis and close loop process. Through the case study of leading companies, CRM is needed in types of businesses where the companies constantly contact their customers. To meet their needs, they assertively analyze their customer information. Through this, they develop their own CRM programs personalized for their customers to provide high quality service products. For customers helping them make profits, the VIP marketing strategy is conducted to keep the customers from breaking their relationships with the companies. Through continuous management, CRM should be executed. In other words, through customer segmentation, the profitability for the customers should be maximized. The maximization of the profitability for the customers is the key to CRM. These are the success factors of the CRM of the distributors in Korea. Firstly, the top management's will power for CS management is needed. Secondly, the culture across the company should be made to respect the customers. Thirdly, specialized customer management and CRM workers should be trained. Fourthly, CRM behaviors should be developed for the whole staff members. Fifthly, CRM should be carried out through systematic cooperation between related departments. To make use of the case study for CRM, the company should understand the customer and establish customer management programs to set the optimal CRM strategy and continuously pursue it according to a long-term plan. For this, according to collected information and customer data, customers should be segmented and the responsive customer system should be designed according to the differentiated strategy according to the class of the customers. In terms of the future CRM, integrated CRM is essential where the customer information gathers together in one place. As the degree of customers' expectation increases a lot, the effective way to meet the customers' expectation should be pursued. As the IT technology improved rapidly, RFID (Radio Frequency Identification) appears. On a real-time basis, information about products and customers is obtained massively in a very short time. A strategy for successful CRM promotion should be improving the organizations in charge of contacting customers, re-planning the customer management processes and establishing the integrated system with the marketing strategy to keep good relation with the customers according to a long-term plan and a proper method suitable to the market conditions and run a company-wide program. In addition, a CRM program should be continuously improved and complemented to meet the company's characteristics. Especially, a strategy for successful CRM for the medium and small sized distributors should be as follows. First, they should change their existing recognition in CRM and keep in-depth care for the customers. Second, they should benchmark the techniques of CRM from the leading companies and find out success points to use. Third, they should seek some methods best suited for their particular conditions by achieving the ideas combining their own strong points with marketing. Fourth, a CRM model should be developed that will promote relationship with individual customers just like the precedents of small sized businesses in Switzerland through small but noticeable events.

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Coordinated Virtual Inertia Control Strategy for D-PMSG Considering Frequency Regulation Ability

  • Shi, Qiaoming;Wang, Gang;Ma, Weiming;Fu, Lijun;Wu, You;Xing, Pengxiang
    • Journal of Electrical Engineering and Technology
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    • v.11 no.6
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    • pp.1556-1570
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    • 2016
  • In the process of virtual inertia control (VIC), the frequency regulation capability of the directly-driven wind turbine with permanent-magnet synchronous generator (D-PMSG) on wind farm is related to its rotor kinetic energy and capacity margin. This paper proposes the method for assessing the D-PMSG frequency regulation capability and defining its coefficient according to the operating state of wind power generators. In addition, the calculating method of parameters in VIC is also discussed according to the principles of primary frequency regulation and inertia response of synchronous generators. Then, by introducing the capability coefficient into the proportion-differential virtual inertia control (PD-VIC) for power coordination, a coordinated virtual inertia control (C-VIC) strategy is developed, with the consideration of the difference in frequency regulation capability between wind power generators. The proposed control method can not only give full play to the frequency regulation capability of wind power generators, decrease the movements of the pitch angle control system but also bring some self-coordination capability to different wind power generators thus to avoid a secondary drop in system frequency. The simulations and experiments prove the proposed method to be effective and practicable.

The Impact of the Manufacturer's E-business through Direct Internet Channel on the Incumbent Independent Physical Store and the Market (생산자의 직접경로인 전자상거래 도입이 전통적 독립중간상과 시장에 미치는 영향)

  • Yoo, Weon-Sang
    • Journal of the Korean Operations Research and Management Science Society
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    • v.34 no.3
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    • pp.165-177
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    • 2009
  • The purpose of this study is to investigate the impact of the Internet channel introduction on the channel composed of a monopoly manufacturer and an independent physical retailer. This study also examines what would be the best strategy for the Independent physical retailer to respond to the new internet channel entry. The game theoretic model consists of a monopolist manufacturer selling its product through a channel system including one independent physical store before the entry of an internet store. The audition of the internet store to this channel system results in a mixed channel comprised of two different types of channels. The new internet store is launched by the manufacturer. The results show that an Internet channel entry has the following impacts on the existing channel members. First, the manufacturer's internet channel introduction mitigates the double marginalization problem of the traditional channel. Second, the manufacturer could enhance Its channel power by introducing its own internet channel while it diminishes that of the incumbent independent physical retailer. Third, manufacturer's adding a new internet store leads to a higher demand. Finally, with its own internet direct channel, the manufacturer has an opportunity to practice price discrimination. The manufacture leaves only those with a strong preference for the physical store to be served by the Independent physical store. The results suggest that the independent physical store's best strategy to the entry of the manufacturer's Internet channel is to focus on the consumers who are highly loyal to the physical store while maintaining a high retail price.

The Effect of Organization Factors and Knowledge Information Characteristic Factors on Organization Performance of Knowledge Management System (조직요인과 지식정보 특성 요인이 지식관리 시스템의 조직성과에 미치는 영향)

  • Cho, Young-Yerl;Yi, Seon-Gyu
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.3
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    • pp.1815-1823
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    • 2015
  • This research empirically analyzed the effect of introduction factors of knowledge management system on organization performance with companies and agencies introducing and operating knowledge management system. As a result of analysis: first, it showed that CEO support among the sub-variables of organization factors affected organization performance; second, quality, reliability and convenience in use of knowledge information, sub-variables of knowledge information factors, had a significant influence; and vision and goal among sub-variables of organization factors, didn't have an influence on organization performance. These research results were identical with those of precedent studies. But we found out that vision and goal assessed by core strategy and establishment of vision, clarity and concreteness of vision and strategy, necessity of knowledge management, and regularization of core knowledge were analyzed as the variables having no positive effect on organization performance and analyzed differently from the precedent studies' results.

A Study on the Operational Strategy for Hybrid Ventilation System in Apartment unit focused on Indoor Air Quality (실내공기질을 고려한 공동주택의 하이브리드 환기 시스템의 운영에 관한 연구)

  • Lee, Yong-Jun;Leigh, Seung-Bok;Lee, Kyung-Hoi
    • KIEAE Journal
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    • v.4 no.3
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    • pp.203-210
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    • 2004
  • This dissertation identifies and investigates the possible control modes of hybrid ventilation system in applying to general apartments. It evaluates range of hybrid ventilation control modes in terms of indoor air quality, thermal comfort, and energy consumption in a living room and a kitchen of the $1000m^2$ apartment. The TRNSYS simulation program was used for evaluating the following four ventilation types : A ventilation mode relying on only infiltration for supplying air, A natural ventilation mode considering with weather condition, A hybrid ventilation (natural + mechanical ventilation) mode allowing minimum ventilation with no heat exchange, and a hybrid ventilation mode with heat exchange. This study shows the following results. As temperature being controlled by heating cooling equipments, there is without significant difference in thermal performance among ventilation types. Regarding Indoor Air quality, Indoor air contamination level of the hybrid ventilation case consistently keep the lower levels. The hybrid ventilation modes consume more energy by a 49% as compared to the A ventilation mode relying on only infiltration for supplying air. It is caused by the continuous ventilation for keeping good indoor air quality; the increase of energy consumption can be attributable to the increase of the heating energy. Therefore, the heat exchange between indoor and outdoor air is required during heating season in severe weather conditions. During the cooling seasons, Introducing natural ventilation can achieve energy saving by 40 ~ 45%. Thus, it can be an effective strategies for energy saving. Based on these results, a hybrid ventilation system can be suggested as an effective ventilation strategy for archiving high level of indoor air quality, thermal comfort, and energy consumption.

Mobile Business Model and its Introducing Strategy for Fashion Contents Distribution (패션 콘텐츠의 모바일 유통개선을 위한 비즈니스 모형과 도입전략)

  • Seo, Dong-Bok;Lee, Jae-Won
    • The Journal of the Korea Contents Association
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    • v.13 no.10
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    • pp.461-469
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    • 2013
  • This research aimed to design and develop a mobile-website mixed business model and smartphone based mobile application for the purpose of mobile fashion content distribution. We have implemented a mobile interface and trading system supporting self production of content, use, share, and user's self-up. And we proposed its market access strategy for the expansion of fashion contents transactions. To do this, the existing status of research and benchmarking for mobile app of fashion contents related were studied. As a result of the study, Android, iOS-based mobile applications were developed, but there are some business problems such as low awareness, low entry barriers, and the poor fashion content compared to the size of industry. Because this system provide the fashion contents of affiliated companies to users, it needs to expand cooperation and to promote the partnership with fashion blog, cafes, and fashion magazines.

A approach to standardization & promotion strategy on telepresence (텔레프레즌스 표준화 및 활성화 방안)

  • Min, J.H.;Park, J.Y.;Jung, O.J.
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2013.10a
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    • pp.817-820
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    • 2013
  • With the advent of smart age, the concern on smart work has gradually increased in solving our social problems including low birth, aging, low productivity and green growth with low carbon as well as encouraging the balance between work and life. Especially, the competitiveness among companies and countries to preoccupy the advanced telepresence technologies and lead the international standardization based on them have increased more than ever before. But, in our country due to the lack of core technology infrastructure and barrier to current organizational culture, R&D achievement and promotion of deployment on telepresence have not been sufficient. Therefore, It is essential to make standardization strategy and do systematic implementation for core technology which leads the telepresence market in order to fit such an environment and introduce smart work as soon as possible. Accordingly, this paper suggests the direction of standardization and implementation on telepresence for our country to lead telepresence technology and standardization through analysing the current introducing situation and technology/standardization trend.

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Infrastructure Asset Management Policy and Strategy Development (사회기반시설물 유지관리를 위한 자산관리체계 도입 전략)

  • Chin, Kyung-Ho;Chae, Myung-Jin;Lee, Giu;Lee, Kyo-Sun
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.6
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    • pp.67-77
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    • 2009
  • Infrastructure asset management can be defined as the long term and cost effective management strategy to meet the required service level. In most developed countries, the major motivations of the introduction of asset management are increment in number of assets, extension of maintenance field, accounting approaches of public facilities, performance-based FM(Facility Management), limitations of public funds and public-private partnership, life cycle cost approach, and the development of information technology. This paper discusses the strategic and stepwise methods of introducing infrastructure asset management. Strategic approaches are suggested to develop the practical methods of condition and value assessment of assets, and long-term capital investment plan for optimized decision making(ODM). Required systematic processes are analyzed in terms of resource and technical limitations and detailed implementation plan for each development phases are suggested.

The Effects of Entrepreneurship Orientation and Absorptive Capacity on Corporate Performance : Focusing on Mediating Effects of Product Innovation Performance (기업가지향성 및 흡수역량이 기업성과에 미치는 영향 : 제품혁신성과의 매개효과 중심으로)

  • Lim, Jonghwa;Kim, Byung-Keun
    • Journal of Korea Technology Innovation Society
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    • v.21 no.4
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    • pp.1536-1576
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    • 2018
  • This study aims at investigating the path in which entrepreneurial orientation and absorptive capacity, which have a significant influence on the corporate performance of SMEs, are mediated through product innovation performance (product speed, product quality). For the empirical study, 233 questionnaires collected from 1775 SMEs including in Daejeon Techno Park start-ups were analyzed by using structural equation model. The empirical analysis shows that absorptive capacity and entrepreneurial orientation have a positive effect on performance through product innovation performance. Therefore, it is suggested that entrepreneurial orientation and absorptive capacity increase product innovation performance in terms of corporate strategy and external information utilization capability, and product innovation performance leads to performance. This paper suggests that entrepreneurial strategy and capacity to utilize external information are important for introducing high quality products faster than others in response to the external environment.

Measurement strategy of a system parameters for the PI current control of the A.C. motor (교류 전동기의 PI 전류제어를 위한 시스템 파라미터 계측법)

  • Jung-Keyng Choi
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.16 no.5
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    • pp.223-229
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    • 2023
  • This Paper propose the method that measure main system parameters for PI(proportional-integral) current control of a.c. motor adopting the vector control technique. For current control, the PI control input is could be tuning by several selective methods. Among the several methods, the method that using the main system parameters, wire resistance and inductance, are frequently used. In this study, the technique to dissect and measure these two system parameters through the results of simple feedback control. This analytic measurement method is measuring parameters step by step dissecting the results of P control using simple proportional feedback gain about the unit step or multiple step reference command. This strategy is an real time analytic measurement method that calculate current control gains of torque component and flux component both for vector control of A.C. motor without introducing the further measurement circuits and complex measuring algorithms.