CRM for Indian Manufacturing Industry
Manufacturing along with other industries has seen a significant transformation in the last two decades. From being a distribution centric industry, it has moved towards customer centric, as inventory is losing its life span. Every month or quarter, products are changing their shape and form, all due to extreme innovation. The automated manufacturing machinery helps with ease to change the product form and composition. The concept of “manufacturing today” and selling the same for the next 2 years is over. Lean manufacturing is about knowing what is needed in the next one week, one month, one quarter and catering accordingly. Even though the manufacturing schedule exists for the whole year, it is flexible enough to ensure changes in the last minute.
This is where it becomes extremely important for the manufacturing division to know beforehandwhat exactly is in the sales pipeline, the forecast. Traditional methods of marketing personnel, forecasting their sales while working in silos is not going to help the manufacturing division to plan. Advanced accurate forecast about the upcoming sales as per market requirements is needed by the manufacturing division,for not only to manage their inventory and but more importantly, the schedule.
Most of the manufacturing companies provide a product price list to their sales team and also provide a word document template to help to quote. A few companies allow their sales personnel to send pricing information directly to their customers by mail. The sales team prepares a periodic daily report, a weekly report which is forwarded to the head office for necessary action.
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Major issues of concern in the traditional model are
Get In Touch With Us For A CRM Manufacturing Industry
The issues enumerated above do not appeal to the management when the sales are good. But when the sales are going down or when the management pro actively wants to ensure they maintain leadership in their domain, these issues become bottlenecks,which would then need to be addressed on priority.
CRM not only helps to address these bottlenecks but also brings in more value to the table. Customer Relationship Management now involves Sales Force Automation, Customer Support Automation and Marketing Automation components. The most important being the Sales Force Automation.
Traditional CRM products facilitate the products and quotes module, whereby the company can put their comprehensive product catalogue in the system. Typically the head office or the product team can put it up and maintain it. As and when a new product is launched or price of product changes, the product catalogue is updated. All sales personnel are trained on the CRM application; which is typically a web application. The sales personnel enter the new product or the data into the system and create a quote. Products and quantity a prospect is interested in can be added as and when interest is shown by the prospect. As per progress, alterations can be incorporated easily as all data already exists.
The system facilitates sending the pre formatted quote to the customer either by an email template designed in the CRM or generating a PDF quote, which is attached in the email to the prospect.
An automatic consolidation of all quotes created by sales personnel from across the regions is available in the CRM. More than anything else, the management gets to know details of the products which have been quoted to each prospect / customer. Manufacturing division can take decisions to clear their inventories from different regions. At the same time analytics of which products are moving in which regions can all be looked into and future plans be drawn accordingly.
This process allows for a uniform quote to be given by the sales personnel across the organization and also makes it available to the managers and more importantly, to the head office. If and when the sales personnel leave the organization, all the information remains intact within the system.
An automatic forecast will be readily available for the sales manager and a product specific forecast is also readily available for the manufacturing head. Over a period of time the company can make accurate forecasts by implementing certain processes as also by training their sales personnel accordingly.
When sales personnel lose some of the probable orders, the product team can analyze if a pattern exists and also get to pinpoint the problem. It can also be known if certain products are losing because of a new variant or changes implemented by a competitor. Literally, product variants can be created based on the feedback from the market instead of designing at the board room.
On the other side, if the customer is facing challenges with their product or delivery or any other issue, he can complain to the sales person or support member. These complaints can be tracked by assigning ticket ids or case ids and maintaining all communication together. Complaints can be analyzed to deduce the problems, which can then be rectified accordingly. While future complaints will be avoided, this will help to go a long way and at the same time enhance the goodwill of the company.
CRM can add significant value by helping companies to manage their customers, contacts, leads, opportunities, quotes and development, amongst other activities.
Some of the renowned companies providing CRM include SugarCRM, Salesforce, NetSuite CRM and Microsoft Dynamics CRM.
From Ram Kumar, Director Bhea Technologies; published in Manufacturing Today, January 2013 issue.