Preview

How to Sell Tampons

Good Essays
Open Document
Open Document
28516 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How to Sell Tampons
Customer Data Management

MAHDIS SEHAT RENÉ PAVEZ FLORES

Master of Science Thesis Stockholm, Sweden 2012

Customer Data Management

Mahdis Sehat René Pavez Flores

Master of Science Thesis INDEK 2012:89 KTH Industrial Engineering and Management Industrial Management SE-100 44 STOCKHOLM

1

Master of Science Thesis INDEK 2012:89

Customer Data Management

Mahdis Sehat René Pavez Flores
Approved Examiner Supervisor

2012-August-16

Mats Engwall
Commissioner

Jannis Angelis
Contact_person

Scania CV AB

Daniel Boëthius

Abstract As the business complexity, number of customers continues to grow and customers evolve into multinational organisations that operate across borders, many companies are faced with great challenges in the way they manage their customer data. In today’s business, a single customer may have a relationship with several entities of an organisation, which means that the customer data is collected through different channels. One customer may be described in different ways by each entity, which makes it difficult to obtain a unified view of the customer. In companies where there are several sources of data and the data is distributed to several systems, data environments become heterogenic. In this state, customer data is often incomplete, inaccurate and inconsistent throughout the company. This thesis aims to study how organisations with heterogeneous customer data sources implement the Master Data Management (MDM) concept to achieve and maintain high customer data quality. The purpose is to provide recommendations for how to achieve successful customer data management using MDM based on existing literature related to the topic and an interview-based empirical study. Successful customer data management is more of an organisational issue than a technological one and requires a top-down approach in order to develop a common strategy for an organisation’s customer data management. Proper central assessment and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Bsa310 Week 2 Team

    • 546 Words
    • 3 Pages

    References: University of Phoenix. (n.d.). Riordan Manufacturing. Employee Site. Univerysity of Phoenix course materials. Retrieved from: https://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/Riordan/index.asp…

    • 546 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    References: Apollo Group. (2005, 2006, 2012, 2013). Riordan Manufacturing Intranet Portal Site. Retrieved from: Virtual Organization Portal https://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/Riordan/index.asp…

    • 1520 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Created in many different forms and formats, data is collected, processed, stored, and retrieved by business to support the many informational needs of organizations.�� INCLUDEPICTURE "https://api.turnitin.com/images/spacer.gif" * MERGEFORMATINET �� HYPERLINK "javascript:void(0);" Business data enters an organization 's information system through software applications. The software applications process and code the data with proprietary formats that are difficult to extract or report without the help of sophisticated report writer or data extraction tools.�� INCLUDEPICTURE "https://api.turnitin.com/images/spacer.gif" * MERGEFORMATINET �� HYPERLINK "javascript:void(0);" Data is the heart of any business. Without good data turned into information, management can not make the proper decisions.�� INCLUDEPICTURE "https://api.turnitin.com/images/spacer.gif" * MERGEFORMATINET �� HYPERLINK "javascript:void(0);" The advances in computer processing power, storage capabilities, and the development of more ways to add information to data have paved the way for a radically new approach to collecting, storing, retrieving, and reporting business information: to build an entire information…

    • 1645 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Myer Swot Analysis

    • 3694 Words
    • 15 Pages

    References: 3. Lamb, CW., Hair, J.F., and McDaniel, C.(2005), “Chapter 20: Customer Relationship Management (CRW)”, Marketing (8 th ed), Thomson south-Western, Mason OH, pp.658-687…

    • 3694 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    IM Macy s 2

    • 599 Words
    • 2 Pages

    To implement the kind of customer-centricity envisioned a customer data strategy was a prerequisite. So was needed to consolidate the various data repositories that had accumulated from predecessor companies, and for realizing the foundational importance of this work on a long-term macys.com need to turn to IBM to provide guidance and tools. To finish the virtually transformation macys.com worked to put in place the architectural elements needed for a 360 degree view of its customers to support a strategy of multichannel integration.…

    • 599 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Case 1-3 Canyon Ranch

    • 1389 Words
    • 6 Pages

    Customer data is very valuable information that helps build trustworthy and loyal customer relationships. CRM system is an essential tool in managing customer data. IT is the key success factor for CRM implementation. It is argued that IT allows achieving wider market coverage with less entry costs and increased marketing effectiveness.…

    • 1389 Words
    • 6 Pages
    Best Essays
  • Powerful Essays

    Tommy Giger Essay

    • 4833 Words
    • 20 Pages

    Subject: Application for the assessment of the Bachelor of Engineering Degree in Industrial & Production Engineering.…

    • 4833 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Intro The business environment is very competitive. Consequently, companies need to offer customers efficient and reliable service. If they do not, customers will switch to more consumer efficient companies. Furthermore, as companies grow in size, it becomes harder to keep track of the growing amount of customer information. If a company does a poor job of organizing and maintaining customer records and data, it can result in problems for both the company and the consumer. This paper will focus on the Minnesota Mining and Manufacturing Company, more commonly known as 3M, and how it improved its customer service and reduced cost by improving its management information system. Sources consulted included business journals and websites with facts and case studies on 3M.…

    • 1535 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    It represents a company’s approach to developing full-knowledge about customer behavior and preferences and to developing programs and strategies that encourage customers to continually enhance their business relationship with the company. According to Forbes (2013), Recent studies show that companies with a fully utilized CRM system can increase sales by 29%. Today, more and more companies are adopting customer-centric strategies, programs, tools, and technology for efficient and effective customer relationship management. In-depth analyzes and integrated customer knowledge is needed in order to build close cooperative relationships with their customers and develop a greater degree of integration between marketing, sales, and customer service in organizations. In today’s society, the emergence of technologies is significantly changing how companies interact and communicate with their customers (Rouse, 2014). Customer relationship software consolidates customer information and classifies into a single database so business users can more easily access and manage it. Under the system, each customer will have a profile created with their information, such as purchase history, spending ability and buying preferences. The program also includes contacting the customer through the company's website, telephone, email, direct mail, marketing materials and social…

    • 903 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Enterprise Data Model

    • 5539 Words
    • 23 Pages

    Data is an important enterprise asset, so its quality is critical. Disparate redundant data is one of the primary contributing factors to poor data quality. An EDM is essential for data quality because it exposes data discrepancies, inherent in redundant data. Existing data quality issues can be identified by "mapping" data systems to the EDM. As new data systems are built from an enterprise data model…

    • 5539 Words
    • 23 Pages
    Good Essays
  • Satisfactory Essays

    Linear Programming

    • 663 Words
    • 3 Pages

    King Fahd University of Petroleum & Minerals College of Industrial Management Second semester (052) 2005-2006…

    • 663 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Technology focuses on creating a customer centric integrated infrastructure, which embraces new processes, systems and technology in order ‘to collect, process and manage customer data’ more effectively (Farhoomand, 2004, p…

    • 15694 Words
    • 57 Pages
    Powerful Essays
  • Good Essays

    Customer data often remains fragmented throughout the company due to the proliferation of multiple BI tools such as CRM, ERP & SCM systems.…

    • 702 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Ikea Operations Management

    • 1710 Words
    • 7 Pages

    • Calvin Or • Assistant Professor, Dept of IMSE • BEng., Industrial Engineering & Engineering Management • MSc, Industrial Engineering • PhD, Industrial & Systems Engineering Contact Information…

    • 1710 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Faculty of Manufacturing Engineering and Technology Management, University Malaysia Pahang, Lebuhraya Tun Razak, 26300 Gambang Kuantan, Pahang.…

    • 1507 Words
    • 7 Pages
    Good Essays

Related Topics