CRM Technology and Building Material Suppliers

Customer relationship management (CRM) is a comprehensive business and marketing strategy that integrates technology, process and business activities around the customer. CRM is assumed to lead to bottom line benefits for the organization. Advances in information and communication technologies have...

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Main Authors: Love, Peter, Gharavi, H., Merchant, V.
Other Authors: Prof Zahir Irani
Format: Conference Paper
Published: EMCIS 2008 2008
Online Access:http://hdl.handle.net/20.500.11937/32379
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author Love, Peter
Gharavi, H.
Merchant, V.
author2 Prof Zahir Irani
author_facet Prof Zahir Irani
Love, Peter
Gharavi, H.
Merchant, V.
author_sort Love, Peter
building Curtin Institutional Repository
collection Online Access
description Customer relationship management (CRM) is a comprehensive business and marketing strategy that integrates technology, process and business activities around the customer. CRM is assumed to lead to bottom line benefits for the organization. Advances in information and communication technologies have provided an effective platform to deliver electronic CRM functions. Despite widespread agreement that CRM can have a direct and indirect impact on customer satisfaction, loyalty, sales and profit, the significance of CRM and its features in influencing customer satisfaction has not been well researched in construction. This paper examines the critical success factors of CRM implementation by using a questionnaire survey to obtain data from 68 building material suppliers. Using a structural model and the evaluation technique of partial least squares the analysis revealed that CRM technological initiatives are successful when adequate top management support and accurate knowledge management capabilities, supported by a suitable information technology structure, measured by technological readiness are in place. Construction organizations who are considering the implementation of CRM strategy can utilize these results to become better acquainted with CRM technological initiatives.
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format Conference Paper
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institution Curtin University Malaysia
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publishDate 2008
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spelling curtin-20.500.11937-323792017-01-30T13:30:40Z CRM Technology and Building Material Suppliers Love, Peter Gharavi, H. Merchant, V. Prof Zahir Irani Customer relationship management (CRM) is a comprehensive business and marketing strategy that integrates technology, process and business activities around the customer. CRM is assumed to lead to bottom line benefits for the organization. Advances in information and communication technologies have provided an effective platform to deliver electronic CRM functions. Despite widespread agreement that CRM can have a direct and indirect impact on customer satisfaction, loyalty, sales and profit, the significance of CRM and its features in influencing customer satisfaction has not been well researched in construction. This paper examines the critical success factors of CRM implementation by using a questionnaire survey to obtain data from 68 building material suppliers. Using a structural model and the evaluation technique of partial least squares the analysis revealed that CRM technological initiatives are successful when adequate top management support and accurate knowledge management capabilities, supported by a suitable information technology structure, measured by technological readiness are in place. Construction organizations who are considering the implementation of CRM strategy can utilize these results to become better acquainted with CRM technological initiatives. 2008 Conference Paper http://hdl.handle.net/20.500.11937/32379 EMCIS 2008 restricted
spellingShingle Love, Peter
Gharavi, H.
Merchant, V.
CRM Technology and Building Material Suppliers
title CRM Technology and Building Material Suppliers
title_full CRM Technology and Building Material Suppliers
title_fullStr CRM Technology and Building Material Suppliers
title_full_unstemmed CRM Technology and Building Material Suppliers
title_short CRM Technology and Building Material Suppliers
title_sort crm technology and building material suppliers
url http://hdl.handle.net/20.500.11937/32379