Customer Relationship Management Essay

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Recommended: The two main objectives of crm

Abstract: The purpose of the paper is to focus on the customer relationship management in manufacturing industry in Jaipur. Establishment the customer relationships have always been a vital aspect of business. Hence, this article purpose to clarify the effect of CRM practices to organizational performance in the manufacturing industry. The main purpose of the paper is the explain of the current state of customer relationships and utilizing of CRM in manufacturing industry. This paper explain the problem in practical conditions and determines potential opportunities for improvement in CRM.
Keywords: customer relationship management, organizational performance, manufacturing industry
Introduction:
Customer relationship management has an increasing …show more content…

In early 1980, CRM was called “Contact management” which mainly collected and documented all information regarding companies and their customers in order to conserve valuable customers, as mentioned by [Gordon, 1999].[Beckett-Camarata et al. 1998] have define that managing relationships with their customers (especially with channel partners, strategic alliance partners, and employees) were important to the firm 's long-term success. they was also emphasized that CRM based on equity significantly assists and social exchange the firm in developing cooperative, collaborative and profitable long-term relationships. [V. Chlebovsky, 2005] defines CRM as an interactive process with the aim to reach the optimal balance between the satisfying the needs of customers and business investment. Balance optimum is determined by the assumption of reaching the optimum is making of long-term partnership relationships with customers and maximum profit of both sides. CRM is a basic organizational process that focuses on establishing, maintaining and enhancing long-term with customers as advocated by relationship marketing [Srivastava et al., 1999]. [Yuan and Chang 2001] offered a mixed-initiative synthesized learning approach for better sightedness of customers and the provision of hint for improving customer relationships based on different sources of customer data on web. According to [Swift, 2001], CRM is a process designed to

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