scholarly journals Challenges at the marketing–operations interface in omni-channel retail environments

2021 ◽  
Vol 122 ◽  
pp. 864-874 ◽  
Author(s):  
Tammo H.A. Bijmolt ◽  
Manda Broekhuis ◽  
Sander de Leeuw ◽  
Christian Hirche ◽  
Robert P. Rooderkerk ◽  
...  
Keyword(s):  
2020 ◽  
Vol 4 (4) ◽  
pp. 71-81
Author(s):  
Iryna Yepifanova ◽  

The aim of the article. Marketing has long ceased to be a stimulating sales force, becoming the flagship of the company's course to meet the needs of the target audience. Many companies are aware of the urgent need to periodically review the status of their marketing operations to ensure proper management and, as a result, to remain competitive and achieve their goals. Fewer companies approach the step of control in marketing, not paying the necessary attention and not realizing the complexity of the process, especially in times of economic and social crisis. Today, more and more companies are realizing the need not only for a crisis audit of marketing operations, but also for a marketing audit. The purpose of the research is to study in practice the marketing audit implementation specifics in conditions of anti - crisis enterprise management and the necessity to improve business efficiency. To achieve the stated purpose goal, it is required to solve a number of tasks, in particular: to investigate the existing methodological toolkit of enterprise’ marketing policy and strategy effectiveness assessment; analyze the disadvantages and advantages of existing toolkit; provide the suggestions regarding marketing audit conducting and application of its results in the conditions of the anti-crisis enterprise management concept implementing (on the example of Ukrainian enterprises and international groups of companies). The results of the analyses. The implementation of the tasks set before the study allowed to obtain the following results: the existing methodological tools are analysed and the possibilities of its application in the work of the auditor during the marketing audit are determined; it is proved that the efficiency of the enterprise is a complex task, which consists not only of analysing the reserves of profitability, but also of analysing the effectiveness of marketing strategy of the company, entering new products and new products. Current practice shows that the following mandatory elements must be observed: marketing audit should be comprehensive. The audit should cover all areas of marketing, not just those areas where the problem is already perceived, or those areas where the team knows that they are superior. A holistic audit is the best way to unlock opportunities and can identify previously unknown reserves for profitability growth; marketing audit should be systematic. Order and efficiency are key elements of a successful marketing audit. In order to prevent gaps, it is necessary to take into account the characteristics of each environment, principles, strategies and activities of each structural element of the organization to be audited; marketing audit should be regular and periodic. Conclusions and perspectives for further research. During the study, the goal was achieved and the mechanism of marketing audit at the enterprise was determined through the establishment of step-by-step instructions with examples (Ukrainian and international companies). The study allowed to identify and justify the feasibility of further research and research in such areas as the industry specifics of the application of marketing audit tools; expediency of development of methodical documents on carrying out marketing audit and features of the organization of marketing audit at the enterprise (development of internal organizational and administrative documents). Key words: marketing audit, efficiency of the enterprise, filter model, marketing organization, competitive environment


2020 ◽  
pp. 185-194
Author(s):  
Greg Fisher ◽  
John E. Wisneski ◽  
Rene M. Bakker

The purpose of the balanced scorecard is to provide a holistic perspective to setting firm goals and monitoring performance. The balanced scorecard provides a financial, marketing, operations, and human resources perspective of a firm’s performance. When used to implement strategy, the balanced scorecard approach prompts managers to think about what needs to happen in different elements of the business for the strategy to take hold. It encourages managers to think about how the strategy will impact the customer, operational, and people processes to ultimately affect financial results. This chapter discusses the underlying theory, core idea, depiction, process, insight or value created, and risks and limitations of the balanced scorecard. The chapter also continues the illustration of the Chocolate Moose and applies the steps of the balanced scorecard to this case.


Author(s):  
Nikolaos Loutas ◽  
Konstantinos Tarabanis ◽  
Vassilios Peristeras

The rising importance of service for the global economy has resulted in a significant number of efforts to define and interpret its meaning. In this vein, this article identifies and organizes related literature following a holistic approach. The authors study service from different perspectives, both business-related and technical ones, e.g., marketing, operations management, and computer science. A total of 47 definitions of service are finally reviewed. They’ve found out: (1) How is service perceived and defined by different disciplines and (2) What are the common service species according to related literature. The authors observe that in the business realm service falls under either of the following two categories: service as a set of value-creating activities and service as a transformation. Due to ICT revolutionizing service provision, significant work has also been conducted in order to study technology-enabled services. The authors identified different types of technology-enabled services, namely e-services, SOA services and Web services. The main contribution of this article lies in the broadness, completeness and cross-disciplinarily of the literature covered, thus being able to stand as a reference source of knowledge for service analysts, engineers and practitioners.


AI Magazine ◽  
2010 ◽  
Vol 31 (1) ◽  
pp. 65 ◽  
Author(s):  
Clint R. Bidlack ◽  
Michael P Wellman

Recent advances in enterprise web-based software have created a need for sophisticated yet user-friendly data quality solutions. A new category of data quality solutions are discussed that fill this need using intelligent matching and retrieval algorithms. Solutions are focused on customer and sales data and include real-time inexact search, batch processing, and data migration. Users are empowered to maintain higher quality data resulting in more efficient sales and marketing operations. Sales managers spend more time with customers and less time managing data.


2013 ◽  
Vol 10 (3) ◽  
pp. 330-347 ◽  
Author(s):  
Ingrid Le Roux ◽  
Barnard Steyn

This paper investigates the impact of venture start-up simulation on participants’ learning; it is concerned specifically with the relationship between experiential learning theory and critical reflection within venture start-up simulation. This was carried out in empirical investigation of a simulation training game used to train entrepreneurs in a formal setting. The findings show significant improvement in their knowledge of finance, marketing operations and information use. Participants reported increased skills and intended behavioural changes in their own ventures. Finally, there was empirical support for the fact that critical reflection during experiential learning can greatly improve the standard of learning and has an immediate effect on  participants’ behaviour.


1999 ◽  
Vol 43 (1) ◽  
pp. 18-35 ◽  
Author(s):  
Adila Abusharaf

Multinational oil corporations (MNOCs) are a strategically important group of multinational corporations (MNCs). There are now many MNOCs operating in both the private and public sectors with remarkably diverse characters, strategies and objectives. Handling large budgets, revenue and capital, and complex advanced technology, they are responsible for exploration, crude oil production, refining, and distribution. These very capacities enable MNOCs to make a number of positive contributions to the economic growth and development of the developing oil-producing countries in which they operate. In that regard, MNOCs engage extensively in joint marketing operations with their host countries in various parts of the world, and foreign funds injected by MNOCs' operations relieve the shortage of financial capital and make greater production possible.


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