• Title/Summary/Keyword: time management strategy

Search Result 1,206, Processing Time 0.027 seconds

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
    • /
    • v.8 no.3
    • /
    • pp.37-47
    • /
    • 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.

  • PDF

A Survey on the Real Time Vehicle Routing Problems (실시간 차량 경로 계획 문제의 연구 동향)

  • Yang, Byoung-Hak
    • Journal of the Korea Safety Management & Science
    • /
    • v.10 no.1
    • /
    • pp.155-166
    • /
    • 2008
  • During last two decades the transportation system has developed into very intelligent system with GIS, GPS and ITS. The practical transportation management system provides real time response module to manage the customer's order. We have surveyed research papers on the real time vehicle routing problem in last two decades to figure out the dynamic vehicle routing problem. The papers are classified by basic routing algorithms and by managing the dynamic events which are the order management, the routing re-optimization, the routing post-optimization and the waiting strategy.

A Real-Time Loading Strategy of Batch Processing Machines for Average Tardiness Minimization (평균납기지연 최소화를 위한 배치생산공정의 실시간 로딩전략)

  • Koo, Pyung-Hoi
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.40 no.2
    • /
    • pp.215-222
    • /
    • 2014
  • This paper provides a real-time loading strategy for batch processing machines in which a number of jobs are simultaneously processed as a batch. The batch processing machines can be seen in both manufacturing industries (e.g., semiconductor, automobile and metal working) and service industries (transportation vehicles, mail shipment and theme park). This paper focuses on batch processing machines in semiconductor manufacturing. We present a look-ahead loading strategy for tardiness minimization where future arrivals and due dates are taken into consideration. Simulation tests are performed on the presented strategy and some existing loading heuristics under various production settings with different traffic intensities and forecasting errors. Experimental results show that our strategy provides the performance of good quality.

Optimal Hedge Strategy Using Future Contract in the Vesting Contract Electricity Market (베스팅계약 전력시장에서 선물 최적헷지전략 연구)

  • 맹근호;송광재;박종근
    • The Transactions of the Korean Institute of Electrical Engineers A
    • /
    • v.53 no.7
    • /
    • pp.414-419
    • /
    • 2004
  • In TWBP new uncertainty will be increased. Risk management is risen to a important problem. Vesting contract makes market Players trade at fixed price in TWBP early stages. In the case of advanced country, market players manage risk with a future contract. When a risk management method moves from vesting contract to future contract, it may have to use together two contracts for schedule period. In this paper, risk management strategy that use vesting contract and forward contract at the same time is proposed.

Design of Sales Strategy according to 4P Characteristics (4P 특성치를 고려한 판매전략 설계에 관한 연구)

  • Kim, Chang-Shik
    • Journal of the Korea Safety Management & Science
    • /
    • v.10 no.4
    • /
    • pp.259-265
    • /
    • 2008
  • Domestic industry has a long history, but it has been suffering for a long time due to its poor competitiveness in management ability, supply of materials, technological development, sales marketing, and distribution networks. Moreover, the industry has not established its strong presence in the world market but is exposed to increasingly greater agonies because of inactive domestic demands, increase rate of import versus export, diversified government policies, and non-selective introduction of high-quality and low-priced foreign named brands of ceramics into the country. Theses factors have partly contributed to consumers' low or negative recognition.

Understanding and Implementation Strategy of Tact Time, Pitch Time and Cycle Time (택트타임, 피치타임, 사이클타임의 이해와 적용방안)

  • Choe, Seong-Un
    • Proceedings of the Safety Management and Science Conference
    • /
    • 2011.11a
    • /
    • pp.557-561
    • /
    • 2011
  • The study proposes three types of production lead time according to the production or demand pattern. First of all, it discusses the difference of three lead times. While pitch time and cycle time are used in push system with process stock and mass conveyor production, the tact time is used in pull system like as JIT based lean production system.

  • PDF

A Study on Load Control Method for Home Energy Management System (H-EMS) Considering the Human Comfort (주거자 만족도를 고려한 주택 에너지관리 시스템의 부하제어 방법 연구)

  • Jeon, Jeong-Pyo;Kim, Kwang-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
    • /
    • v.63 no.8
    • /
    • pp.1025-1032
    • /
    • 2014
  • The effective energy management method will provide the significant advantage to the residential customers under real time pricing plan since it can reduce the electricity charge by controlling the energy consumption according to electricity rate. The earlier studies for load management mainly aim to minimize the electricity charges and peak power but put a less emphasis on the human comfort dwelling in the residence. The discomfort and displeasure from the energy management only focusing on reduction of electricity charge will make the residential customer reluctant to enroll the real time pricing plan. In this paper, therefore, we propose optimal load control strategy which aim to achieve not only minimizing the electricity charges but also maintaining human comfort by introducing "the human comfort coefficient." Using the human comfort coefficient, the energy management system can reflect the various human personality and control the loads within the range that the human comfort is maintained. Simulation results show that proposed load control strategy leads to significant reduction in the electricity charges and peak power in comparison with the conventional load management method.

Management of Historical Images by Time Interval and Interrelation (이력 영상의 시간 간격과 연관성에 의한 데이터 관리 기법)

  • 윤홍원
    • Journal of Korea Multimedia Society
    • /
    • v.4 no.6
    • /
    • pp.543-553
    • /
    • 2001
  • In this paper, we proposed management strategy of medical image data in order to solve the problem in traditional medical images migration method. As management strategy of medical image data we proposed EAT(Expanded Average Transaction time) data migration method and data storing method based on temporal interrelation. In EAT data migration strategy, we define the dividing criterion which distinguish entity versions to be stored in each storage and also define entity versions to be stored in each storage. We defined degree of overlap and degree of difference for any two entity versions, and integrated those values and described method which place entity versions to storage. In order to compare the number of cluster references when we change rate of temporal queries, the number of cluster references of proposed method is smaller than that of traditional method.

  • PDF

Sizing of Powertrain in Fuel Cell Hybrid Vehicles (연료전지 하이브리드 자동차의 동력전달계의 용량 선정)

  • Zheng, Chun-Hua;Shin, Chang-Woo;Park, Yeong-Il;Cha, Suk-Won
    • Transactions of the Korean Society of Automotive Engineers
    • /
    • v.19 no.6
    • /
    • pp.113-118
    • /
    • 2011
  • Fuel Cell Hybrid Vehicle (FCHV) is one of the most promising candidates for the next generation of transportation. It has many outstanding advantages such as higher energy efficiency and much lower emissions than internal combustion engine vehicles. It also has the ability of recovering braking energy. In order to design an FCHV drive train, we need to determine the size of the electric motor, the Fuel Cell System (FCS), and the battery. In this paper, the methodology for the sizing of these components is introduced based on the driveability constraints of the FCHV. A power management strategy is also presented because the battery energy capacity depends on it. The warm-up time of the FCS is also considered in the power management strategy and the simulation result is compared to that without considering the warm-up time.

Modeling a causal relationship among service quality factors with a time-lag consideration: A case in the high-speed internet service (시간지연을 고려한 서비스품질 요인 간의 인과관계 분석에 관한 연구: 초고속인터넷서비스 사례를 중심으로)

  • Park, Jeong-Cheol;Jeong, In-Jun;Kim, Kwang-Jae;Park, Young-Jun;Kim, Chan-Gyu;Kim, Min-Jeong;Jung, Ji-Young
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2004.05a
    • /
    • pp.331-334
    • /
    • 2004
  • There are many researches investigating a causal relationship among service performance level, customer satisfaction, and customer loyalty. It is believed that a high service performance level increases customer satisfaction, which again has a significant effect on customer loyalty and profitability. The premise in this work is that the effect of customer satisfaction on customer loyalty may be time-lagged. This paper aims to model a causal relationship among service performance level, customer satisfaction, and customer loyalty with such a time-lag consideration. This study is conducted on the very high-speed digital subscriber lines service, which is a highly advanced high-speed internet service, and the results also be discussed.

  • PDF