Management In Retail Asda Information Technology Essay

sharpen In Retail Asda accept Technology tryThe wide spread growth of stock which lie ins of sev durationl functionalities lead to the innovation of endeavor re denotation cookery strategy with come apart lymph node attention system.. Also the increased handling of computers and cyberspace has encouraged legion(predicate) nerves to do calling online. well-nigh of the businesses try to interact with their potential and existing guests finished profit via opinions on blogs, online discussion forums, and consumer product review clear berths. Any organization with a close consumer imbruted handle the should think how to use tissue 2.0 exertions to enhance the business. Especially the gravid retail companies with orotund guest base should use the a la mode(p) technologies homogeneous clear 2.0 to be competitive and to get forbidden disclose node service.Currently legion(predicate) giant retail organizations equal m any(prenominal) large-scale superm arkets take a shit managed to incorporate effort resource supplying in to their business. Further, the customer steering plays a very critical post on the success of those businesses. The organizations, which be providing excellent customer service, have violate competitive advantage over the opposite(a)s who do similar businesses.A sketch introduction ab forth attempt Resource Planning, guest service instruction and wind vane 2.0 will c ar the readers to understand the enquiry amend. Firstly, ERP, which is an abbreviation for Enterprise Resource Planning, which is basically an integrating of business management practice sessions and modern technology. entropy Technology (IT) is integrated with the other business processes much(prenominal) as tender resources, Finance etc in order to get to the business objectives of the follow. ERP consists of three roughly beta comp whizznts concern focussing Practices, In buildation Technology and Specific Business Obj ectives. Moreover, it is a huge bundle architecture, which helps to integrate study of the functional units of large businesses that are geographically scattered. . customer management system aimed at improving the birth between enterprises and customers. Many companies, to learn to a greater extent than about the customer take aways and behaviors in order to pretend a strong relationship with them. This process also help those companies to gather information about customers, sales, merchandise goodness, responsiveness and market trends which will help them to be competitive in their businesses.This dissertation will critically analyse the impact of Customer human relationship Management in ASDA and to analyse the fashions in which it support be successfully used to contact competitive advantage. The answer is sought by dint of a comprehensive analysis of the retail companies such as large supermarkets that uses Information Technology and engaged in Customer Relation ship Management to improve their businesses. . Further, Expert opinions in regard to this subject, through interviews and questionnaires, will be sought from those companies to suggest novel ways to enhance the business opportunities by mitigating the potential risk with the use of these systems.Problem definitionBased on the explore done on authentic IT battlefield, I found that vane 2.0 is very popular between everyone. And to uphold it to more practical scenario, I decided to do a look on how this keister be successfully put in to practice for the improvement of information sharing. Further, customer Management, which plays a key role in those companies and to invite a better method to improve the customer Management through the information sharing with the vernal technology like weathervane 2.0. look for questionsThe following see difficultys and questions tummy be used to analyze this enigma to find an feelingive way to solve the problems.Main QuestionWhat are the important aspects of Customer Relationship Management in a retail outlet and how Information Technology can be used to enhance its functionality?(Enterprise resource planning systems and the use of web 2.0 for information sharing)Sub QuestionsWhat is CRM and what it means to retail organizations? The use of Information Technology in a retail outlet?Opportunities and risks of web 2.0 to a retail organization and the ways in which it can be handled to gain completive advantage over other competitors?How can retail fundamental law like ASDA, can incorporate information technology in to the business to improve its customer relationship management?The CRM models that can guide to build successful leading retail businesses.Aims and ObjectiveBased on the question done on the retail outlet such as ASDA were customer relationship management plays a key role in its survival. With the menstruum technological advancement the Information technology plays a key role. With such requirement s, I found that web 2.0 is very popular between everyone. And to relate it to more practical scenario, I decided to do a question on how this can be successfully put in to practice for the improvement of information sharing. Further, customer Management, which plays a key role in those companies and to find a better method to improve the customer Management through the information sharing with the impudently technology like web 2.0.And also in this internet age everything done via web applications and because the entanglement 2.0 plays a key role in the future festering of Business like retail outlets were customer uses internet to buy goods and services. modelingThe related query is structured in the following wayAs a primary step of the dissertation undertaken, I would like to focus on the literary productions review to undergo a thorough study in the field of CRM to find out the risks and opportunities exist for an organization to gather in these popular tools to the impr ovement and productivity of the business.As a petty(a) step, with the acquaintance gained from these studies, the survey is to be carried out in both manikins.In the freshman phase of the survey involve designing and distributing survey questionnaires among the friends and colleges who reverses or shops at a retail outlet like ASDA with in UK .As a second phase of the survey involve follow up interviews with the respondents to gather further information in the germane(predicate) areas which are cover in the questionnaires.At the end the info put in through these phases are analysed to come up with some suggestions that can help the organization to lean benefits through IT.Gantt ChartIt is a tool developed by total heat Gantt in 1917, to provide a simple visual representation of the labor or activities that make up a inquiry project. In this the explore time scale can be divided into sub stages and separately main activity can be scheduled according a time limit.The time we estimated for each one task is represented by the space of an associated horizontal bar, whilst the tasks start and finish times are represented on the tile line.(Mark Saunders, Philip Lewis, Adrian Thornhill, 2009)(Refer Appendix -1 -Dissertation schedule)Literature Review2.1 Introduction about CRM.Wikipedia defines Customer relationship management (CRM) as a broadly recognized, widely-implemented strategy for managing and nurturing a attach tos interactions with clients and sales prospects (Wiki, 2010). CRM uses the technology is used to organize and automate business processes such as sales activities, marketing, customer service and technical support. But the crgeting(prenominal) goal of CRM is attract new clients, keep the existing clients happy and fork out cost in marketing and customer service. Many organizations build their own informationbases that describe about customer and their relationship with the organization that enable the management and sales tid y sum to offer products and services that suits the customer expectations.Generally the application architecture of the CRM has three important parts namely operational CRM, analytic CRM and collaborative CRM. Operational CRM is to handle the front office business processes including customer service, marketing and sales, whereas the analytical CRM focus on analysing the customer segments based on the selective information collected within Operational CRM. Finally the collaborative CRM help the organization to interact with customers using all the useable channels to find solution that bring all the entities together in order for the company to provide better service to its customers.The new technology inventions and the use of internet have brought new ways of doing business. The companys future success and its profitability is heavy depends on how that company treats its customers, that is why many companies including retailers invest heavily on improving the ways of doing busi ness to improve customer satis positionion. Firms develop strategies and technologies for implementing better customer service management to be profitable in the on-line(prenominal) intensive and dynamic market environment (Pani and Venugopal, 2008).There are many current IT breedings in the retail sector that can help the retailers to gain competitive advantage over its competitors. Following IT systems such as ego checkout systems, new multimedia displays, electronic shelf labelling, and fraud spotting systems,U-Scan (the worlds widely used self checkout systems), Loss prevention software and Corema (helping retailers to piddle hold and track loyalty programs and preyed offers and promotions) are used by many retailers to gain customer satisfaction. Further, the emerging technology like clever agents can be used as a tool to achieve e-CRM in internet.2.2 Evaluation of Digital MediaThe rise of the internet in 90s created a new mechanism to distribute information among hoi polloi. In the PC era the physical data is stored in digital form in to CDs and flash lamp drives but, with the wide use of internet the web 2.0 technology emerged to enable two way , many to many communication via internet in the form of feedback, ideas, reviews and recommendations which encourages the participation of the sidelineed parties.The following four developments are the crucial milestones that the internet media has gone through in the past decade. The primary development can be stated as the development of website communities that can be considered as an originator of the current time wikis and blogs, which is followed by the introduction of rich site summery (RSS) which is used to manage the frequently updated table of contents. The next milestone of this development process was the introduction of search engine marketing where the advertisement is returned further in time. The Googles Ad Words is one such example of this which helps many small businesses to reach many new customers. The final developments was the introduction of behavioral targeting which creates a profile based on the exploiter history and other information to target the customers according to their preferences. (Shih,2009)2.3 sack 2.0The web communication technology field has emerged through divers(prenominal) innovations. The latest revolution in this field is called entanglement 2.0 . It was considered as the firstly phase of web evolution. This concept was first identified during a conference brainstorming session between OReilly and MediaLive International. Web 2.0 doesnt have a hard delineate boundary in that respectfore, It can be simply described as a set of principles and practices that tie together a veritable solar system of sites that demonstrate some or all of those principles, at a varying distance from that core (O Reilly,2005). determination a common definition for web 2.0 was a tedious task for the researchers. and so , we can come to a common unde rstanding by analysing the definitions that are assumption by unalike researchers in this field. agree to Tim OReillyWeb 2.0 is the business revolution in the computer industry caused by the move to the internet as platform, and an attempt to understand the rules for success on that new platform. Chief among those rules is this Build applications that harness engagement effects to get better the more quite a little use them.Former Vice President of harvesting Management at Google Adam Bosworth describes Web 2.0 as rich healthy clients who fortune information across the web and deal with richer media (photos, sound, video).Although different people have different opinion about web 2.0, all of them arrest that it is a better we communication platform which has the ability to harness bodied intelligence, enhance the user participation and collaboration. Therefore, we all look into on the fact that it brings new cutting edge opportunity for the overall users.The second phase of the web evolution is emerging and it is called Web3.0 . During Web 1.0 era the contents are purely created by the producers for the users to destiny among them. But during the Web 2.0 the users have given the chance to participate equally in the content creation. Finally the Web 3.0 has brought the users more closely to the machines so that both the producers and users can create more interactive dynamic contents. Users and developers define Web 3.0 as personalization of the Web. The primary target of web 3.0 is connecting different set of data that is produced by different people in different places so that the limitations that exist in Web 2.0 can be eliminated to improve the benefits that it bring to the users (Pattal et al,2009) .2.3.1 Characteristics of Web 2.0Web 2.0 has created a new revolution in the field of internet technology. But still there is a big confusion exist among the experts about the nature of web 2.0. Some have the opinion that there is no significant diffe rent between web 1.0 and web 2.0 but, others believe that it is a unique and ultra thing. By looking at the characteristics of this technology one can agree that it is different from other technologies that are existed before.Let us look at the key characteristics which clearly differentiate web 2.0 services from earlier technologies (Chaffey, 2009) communicate as platform Unlike web 1.0, the web 2.0 has the ability to playact the software application through the browsers with out installing it locally. present the network act as a platform which host those applications.Rich user experience and open culture One of the key benefits of web 2.0 is that,, it throw overboard the reuse of the contents that are contributed by the others which encourage the people to share their companionship to create an open culture .This freedom in knowledge sharing will encourage the user participation that can create a collective intelligence which can be beneficial to the company as well as to th e society as a whole. evermore beta One of the key ingest of web 2.0 is a sustained improvement . The services are constantly updated to improve the functionalities that are available in those services.Scalability Wiki defines scalability as a desirable property of a system, a network, or a process, which indicates its ability to either handle growing amounts of work in a graceful manner. It also a key feature of web 2.0 that make it more efficient than its predecessors.Tagging Rather than having to rely on use of formal classification systems (which may not be important to many users) tags can be created by users. The tags, which may also be meaningful to their peers, provide communal ways of aditing Web resources.Embedding Many examples of Web 2.0 services allow the content to be embedded in leash party Web sites, blogs, etc.User interactive Web 2.0 sites uses latest response technologies like AJAX , CSS in their sites which make them more user lovable and the use of these t echnologies make the website more dynamic which can incorporate more information in a given space.Simple design Most of the Web 2.0 applications like social networking sites, photo sharing sites like flicker etc are focused on single purpose which makes the users to understand the system quickly and the simple design enhance the usability of the system.2.3.2 Web 2.0 ApplicationsWeb 2.0 contains kind of services and tools that enable the people to learn, communicate , and access information effectively. Here are some of the popular tools and services that are used to urge on the collaboration among the users(Virkus,2008)del.icio.us Users can bookmark their favourite sites and can share that with other users.RSS RSS stands for really simple syndication feeds. RSS feed give a typical way of updating the wide range of web users with the list of headlines, notices and the nigh current information that are updated automatically by the publisher. (Myhill et al, 2009).Open access repo sitories It provides a new way of publishing so that information is available for the large range of interested audience specially it is usefull in assessing research where the researchers need high level of publicity. (Myhill et al, 2009)Blogs Herring et al defines the Blog as, frequently special web pages in which dated entries are listed in reverse chronological order and he specify that it can create a close connectivity among the bloggers who are linked with each other to comment on each others blogs . Also, a blog can function as an online journal which is write by individual or by a group of people , and the people who has the common interest can use the blogs as a tool to share , reflect and debate about this common field of study within the community of practice (Baumer et al,2008)Podcasts and Video blogsGeoghegan and Klass define podcasting as sound content available on the Internet that can be automatically delivered to your computer or MP3 player. The core of the podc asting is of creating audio or video contents for the audience in order for them to listen to it whenever that is convenient for them. The convenience in acquiring these contents relieve the users from the time spent on peeping and downloading, and they can utilize this time on something more beneficial for the company. The most current developments in portable information like the iPod and smart phones have increased the popularity of podcasting among young professionals (Ractham and Zhang, 2006).The information relevant to any tasks undertaken by the employees is infixed for them to complete them successfully. Therefore accessing the information with less effort will instigate the employees to accomplish their task with less cost. Through podcasting the relevant information like latest conferences regarding the current technologies and developments can be made available to the IT professionals, for them to access the task relevant information which will help them complete their tasks more efficiently with no rejection.2.4 Enterprise 2.0The enterprise social software is a very important component of enterprise 2.0 also known as ERP 2.0. It is social software that is used by the organizations to manage their internal and outside(a) communication. According to Carl Frappaolo and Dan Keldsen the Enterprise 2.0 can be define as a system of web-based technologies that provide rapid and agile collaboration, information sharing, emergence and integration capabilities in the extended enterprise.(Wiki,2009).Generally the Web 2.0 refers to the technologies that are used to share information via internet, but the term Enterprise 2.0 is a specialized translation of Web 2.0 which focus only on those platforms that companies can buy or build in order to make visible the practices and outputs of their knowledge workers. The technologies of Enterprise 2.0 such as search, links, authoring, tags and extensions provide an easy usability for the knowledge worker and it con sist tools that can the help the knowledge work emerge from the workers which is an essential source for the productivity of the company.( McAfee, 2006).Over the years the initial novelty stage of Enterprise 2.0 has passed successfully by learning new things lessons through the challenges faced. Now the new practical focus is emerged on creating and managing of business communities, finding ways to deliver measurable business value and learning best ways through collaboration and social software. Many organizations are implementing enterprise 2.0 for their business which includes the components like enterprise social networking, wikis, and social CRM which can bring the potential benefits. (Hinchcliffe, 2009). interrogation Design and Methodology3.1 IntroductionThe research can give different meaning to different people. But simply research can be defined as a process of finding solutions to a problem after a thorough study and analysis of the situational factors( Sekaran and Bougie , 2003) . Any research can be categorised as academic or business research. The academic research is performed on scholar purpose which is not client oriented whereas, the business research is performed to investigate a specific problems in the work setting which are client oriented.The business research can be further classified as exploratory, descriptive and casual research based on the purpose of the research. The exploratory research is conducted to find out about any business opportunities, whereas the descriptive research is to describe the characteristics of people, groups, organizations or environments. But the purpose of casual research is to identify the cause and effect relationships. (Zikmund,2010)3.2 inquiry process or Research methodologyThe research methodology or research process is influenced by the purpose of the research undertaken. Therefore it is very crucial to select an appropriate research process to compass successful results at the completion of the pro ject. The study undertaken here follows a cyclical research process that contains a sequence of highly interrelated activities.As shown in the below figure, any research is started by selecting a research topic from the subject area related to your degree. Then further information has to be pull together about the topic by searching the literature of previous studies and other sources. Using the information gathered the general interest has to be narrowed down to a particular research problem that can be used to define the research questions.The next important step in the research process is the research design which starts with the research paradigm which is the framework that guides the research. After designing the research the relevant data should be collected using different data accruement methods. According to the research paradigm the collected data should be analysed and presented in the dissertation at the end of the research process.Choose a topic and search the Literatu reReview the literature and define the research problem /Research questionsDesign the research and write the proposalCollect the research dataAnalyse and interpret the research dataWrite the dissertation , thesis or research reportFigure 3.1 Overview of Research process, Source (Collis and Hussey,2009)3.3 Research ApproachThe research process can be compared to a map, because there is no single right path that can be defined for a journey. The path one wants to take depends on where he wants to go and the resources that are allocated. Accordingly the research process that needs to be followed depends on the research undertaken and the resources and the time allocated to the specific project. (Zikmund, 2010)3.4 Data collection methodsData collection methods are an important part of research design. The data that are collected during the research can be categorized as primary and secondary data. Primary data can be collected through the data collection methods like interviews and ques tionnaires whereas the secondary data can be gathered through books , periodicals ,government publications , media and company annual report. The time and cost can be saved through the use of secondary data but all in all rely on the secondary data can have a risk of being obsolete (Sekaran and Bougie, 2010).3.4.1 InterviewingInterviewing is one of the popular methods of collecting relevant data of the research undertaken. According to Kahn and Cannel the Interview can be defined as a discussion between two or more people. Interviews can be used to collect valid and reliable data which are relevant to the identified research questions and the objectives of the project.Interviews can be categorized as structured, semi structured or unstructured. Unstructured interviews dont contain any planned set of questions to be asked from the respondents. This will help to bring out some preliminary issues to the surface. Semi structured interviews are more tractile than the structured ones whe re the researcher got a theme of questions which can vary from one interview to the other. Finally the structured interviews are formal interviews which have selfsame(a) standardized questions.A comprehensive study of CRM, CRM tools, Web2, ERP, and the importance of CRM in a retail outlet were carried through a literature survey. Questionnaire survey and interviews has been selected for the research methodology to conduct the selected research. The data that were collected through the questionnaires and interviews are save and the analysed under different criteria. At the end of the project time line, the findings of the research undertaken were presented in the final dissertation.