Chapter 8 Enterprise Business Systems McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives • Identify and give examples to illustrate the following aspects of customer relationship management, enterprise resource management, and supply chain management systems: – Business processes supported – Customer and business value provided – Potential challenges and trends • Understand the importance of managing at the enterprise level to achieve maximum efficiencies and benefits. 8-2 Managing at the Enterprise Level • Lessons from Geese – Importance of team work – Encourage passion and energy 8-3 Customer Relationship Management (CRM) • Customer focused – Customer relationships – most valued asset – Find and retain most profitable customers possible • Company has – Single, complete view of every customer • Customers have – Single, complete view of the company • Integrates and automates customer-serving processes 8-4 Contact and Account Management • Track relevant data about – Every past and planned contact with prospects and customers – Other business and life cycle events • Data captured from touchpoints – Telephone, fax, e-mail – Websites, retail stores, kiosks – Personal contact 8-5 RWC 1: CRM Goes Mobile • Sales people – Autonomous and don’t play by rules – Ignore new processes unless direct benefit • More sales • Better time efficiency • Designing Mobile Applications – What are the common tasks – What are the priorities – What are the pain points – Less is more 8-6 Application Clusters in CRM 8-7 Sales • A CRM system provides: – Support and manage sales activities – Optimize cross-selling and up-selling – Method to check account status and history 8-8 Customer retention evaluation report 8-9 Marketing and Fulfillment • Automate direct marketing campaigns – Qualifying leads for targeted marketing – Scheduling and tracking mailings – Capturing and managing responses – Analyzing the business value of the campaign – Fulfilling responses and requests 8-10 Customer Service and Support • Shared database – Requests for service are created, assigned, and managed – Call center software routes calls to agents – Help desk software provides service data and suggestions for solving problems • Personalized support information 8-11 Retention and Loyalty Programs • Statistics – Costs 6 times more to sell to a new customer – Unhappy customer will tell 8-10 others – Boosting customer retention by 5 percent can boost profits by 85 percent – Odds of selling: • Existing customer - 50 percent • New - 15 percent – 70 percent of customers will do business again if problems are quickly resolved. 8-12 Retention and Loyalty Programs • Primary objective - enhancing and optimizing customer retention and loyalty – Identify, reward, and market to the most loyal and profitable customers – Evaluate targeted marketing and relationship programs 8-13 The Three Phases of CRM 8-14 Benefits of CRM • Identify and target the best customers • Real-time customization and personalization of products and services • Track when and how a customer contacts the company • Provide a consistent customer experience • Provide superior service and support 8-15 CRM Failures • Reasons for Failure – Lack of senior management sponsorship – Improper change management – Elongated projects that take on too much, too fast – Lack of or poor integration between CRM and core business systems – Lack of end-user incentives leading to poor user adoption rates – Lack of understanding and preparation -- # 1 – Not solving business process problems first – No participation on part of business stakeholders involved 8-16 Trends in CRM 8-17 What is ERP? • Cross-functional enterprise system – Integrated suite of software modules – Supports basic internal business processes • • • • • • Manufacturing Logistics Distribution Accounting Finance Human resources – Facilitates information flows • Business • Supplier • Customer 8-18 RWC 2: ERPs Get a Second Lease on Life • Old ERPs customized to fit individual needs • Upgrades can’t be applied without testing and modification • New ERPs have new features and capability • Some companies stay with old systems • Some companies buy new, but avoid customization 8-19 ERP Application Components 8-20 ERP Process and Information Flows 8-21 Business processes and functions of ERP 8-22 ERP at Colgate • Needed to coordinate globally, act locally • Order-to-delivery time cut in half – Order acquisition and process • 7 days cut to 4 hours – Distribution • 4 days cut to 14 hours • Increased on-time deliveries • Domestic inventories dropped by 1/3 8-23 Costs of Implementing a New ERP 8-24 Causes of ERP Failures • Most common causes of ERP failure – Under-estimating complexity • Planning, development, training – Failure to involve affected employees – Too much too fast – Insufficient training – Insufficient data conversion and testing – Over-reliance on ERP vendor or consultants 8-25 Trends in ERP 8-26 ERP application components 8-27 Supply Chain Management (SCM) • Helps a company – – – – – Get the right products To the right place At the right time In the proper quantity At an acceptable cost • Goal of SCM is to efficiently… – – – – Forecast demand Control inventory Enhance relationships Receive feedback 8-28 RWC 3: Supply Chains Adapt to Tough Times • Old push model uses best-guess forecasts – High inventory levels – Supply chain stops during down-turn • Key to survival in down-turn – Reduced inventory – Increased working capital • Pull system – Information to build inventory comes from supply chain partners – Inventory based on “demand signals” 8-29 Supply Chain Life Cycle 8-30 EDI Activities 8-31 Roles and Activities of SCM in Business 8-32 Functions and Benefits of SCM 8-33 Benefits of SCM • Key Benefits – Faster, more accurate order processing – Reductions in inventory levels – Quicker times to market – Lower transaction and materials costs – Strategic relationships with supplier 8-34 Challenges of SCM • Key Challenges – Lack of knowledge, tools, and guidelines – Inaccurate data – Lack of collaboration – SCM tools are immature, incomplete, and hard to implement 8-35 SCM at Emerson • Emerson Transaction Hub – Different orders in separate containers – Created Transaction Hub (& Logistics Hub) – Combine multiple orders into single shipments/containers 8-36 Goals and Objectives of SCM 8-37 Trends in SCM 8-38 Trends in SCM • CVS, McKesson – CVS leading drug retail chain – McKesson largest pharmaceutical distributor – Point-of-sale data – Agreed on service levels – Reduced replenishment time • Modern Plastics, SupplySolution, Inc. – Upraded reactive system to proactive system 8-39 RWC 4: The Secret to CRM is in the Data • CRM enables increased sales revenue • CRM provides more and better services to customers and prospects. • CRM – better earlier than later. • “Without accurate, complete, and comprehensive data, any CRM effort will be less than optimal.” 8-40