A description
of major areas/thrusts in eBusiness
There are many drives associated with eBusiness. It is important
to stay on top of key issues in planning and implementing strategies. The
following are a few key elements in achieving eBusiness success.
Information/Knowledge Management
A description of the area of Business Intelligence with appropriate references and illustrations
In the past decade, the new wave of the Internet has exploded, industries
now face an increasing number of competitors, larger volumes of data, and
a growing number of customers. In order for firms to maximize their potential,
it is vital to incorporate new technology that can cope with this increase
in demand. With the new wave of the World Wide Web, companies are faced
with more customer data than ever before. It has become apparent that Business
Intelligence plays a key role in managing this new generation of technology.
Business Intelligence can help companies today in many different ways.
Carreker Corportaion was a software consulting company that was faced with an increase in growth but not enough resources to support this growth. One of the biggest challenges that they were facing was that of examining performance. Since everything was moving at such a fast pace, it was hard to analyze one sector of the company. Once they aquired the services of PeopleSoft, they were able to integrate certain databases into their system and therefore learn more about their customer needs. Customers were able to access data from anywhere, anytime on the Internet. This PeopleSoft solution has helped Carreker get a better view of what exactly their customers are looking for. This has brought in a significant amount of growth and efficientcy.
PepsiAmerica was searching for a way deal with the increasing number of products, distribution gaps, large haul-backs, and lost promotion opportunities. In order to do this, they needed to separate selling and delivery. PeopleSoft was able to integrate a CRM solution that would allow PepsiAmerica to get a better feel of their customers needs and wants. In addition to the 360-degree view of their customers, PepsiAmerica could also get a better feel of potential sales opportunities. This was done through customer research that the CRM offered.
Thomson Financial (Peoplesoft)
Thomson Financial was interested in getting a better understanding of what products their customers were most interested in. This $2 billion compnay hired PeopleSoft as a means to integrate a CRM solution. They wanted to become a pure Internet CRM. This way, customers could access any information they want, at any time they needed.
Taylor Made/Adidas Golf (Kana Software)
Taylor Made/Adidas Golf uses CRM to manage customer email. A database
is used to
suggest appropriate responses to customer inquiries, and the answers
to technical questions are shared among the customer service representatives
to increase response time. Further, the system provides managers with a
better way to monitor how representatives are responding to customer email.
Beneficial Life Insurance Company (Oracle)
Beneficial Life Insurance Company uses CRM to provide a holistic
view of the customer.
Representatives are able to view information about all of the policies
a customer has, when
they expire, and what previous contacts the customer has had. As
a result, Beneficial Life
reports that it has been able to double the number of customer service
calls resolved on first contact and provide a quicker turnaround time on
transactions. In addition, Beneficial Life has reported that employee voluntary
turnover has declined from 18% to 12%, reducing the time and expense of
training new employees.
City of Lynchburg, Virginia (IBM)
The City of Lynchburg uses CRM to open the lines of communication
between 1,100
municipal employees in 11 departments who interact with outside
agencies, city councils,
and the general public. Further, a customer service module allows
a call center to quickly
capture citizen inquiries, assign them to the appropriate department
or specialist, and track the progress of the inquiry. The City reports
that citizens began calling in more compliments than complaints.
Fed Ex has successfully used wireless CRM solutions for nearly 20
years. By using
handheld scanners to communicate data on the location and status
of packages, Fed Ex has
increased the productivity of its couriers by two and one-half times.
In addition, the package information is published to all of its customer
touchpoints, call centers, the web, and wireless devices, in order to improve
customer service.