4. Analyse critically how Customer Relationship Management (CRM) system can play an important role to increase profits for each of the organization. CRM (Customer Relationship Management) is an information industry term for methodologies‚ software‚ and usually Internet capabilities that help an enterprise manage customer relationships in an organized way. For example‚ an enterprise might build a database about its customers that described relationships in sufficient detail so that management
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financialAnnual Financials for Nike Inc. Cl B View Ratios Fiscal year is June-May. All values USD millions. | 2009 | 2010 | 2011 | 2012 | 2013 | 5-year trend | Sales/Revenue | 19.08B | 18.96B | 20.89B | 24.12B | 25.31B | | Cost of Goods Sold (COGS) incl. D&A | 10.91B | 10.61B | 11.47B | 13.62B | 14.28B | | COGS excluding D&A | 10.56B | 10.27B | 11.12B | 13.23B | 14.28B | | Depreciation & Amortization Expense | 346.9M | 337.2M | 351M | 395M | - | | Depreciation | 335M
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The company that has first 3 letters similar to mine is Adidas & the other company in the same sector was Nike. The Mission statement of Adidas is : “The Adidas Group strives to be the global leader in the sporting goods industry with sports brands built on a passion for sports and a sporting lifestyle. We are dedicated to consistently delivering outstanding financial results. We are innovation and design leaders who seek to help athletes of all skill levels achieve peak performance with every
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Competitive Analysis Parameters | | | | | Price | Medium to high300 – 700 DKK | Medium to high400 – 1000 DKK | Medium to high300 – 3500 DKK | Medium to high200 – 500 DKK | Promotion | * Online shop * New products * Events * Charity * Celebrities * Environmental – friendly products | * Online shop * Events * Donations * Environmental – friendly products * Celebrities | * Online shop * Events * APP’s on iPhone * Environmental – friendly products * Celebrities
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shareholder value (Niezen‚ Weller & Deringer‚ 2007). Nike and Adidas are two global companies try to improve their competitive advantage through strategically managing and utilizing their supply chain. The purpose of this report is to compare and evaluate the supply chain management practices of Nike & Adidas. 2. CORPORATE PROFILE 2.1 Nike Corporate Profile Based in Beaverton‚ Oregon‚ and employing approximately 29‚000 people worldwide‚ Nike Inc. is the world’s leading designer and marketer of
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Supply Chain Management - Nike & Adidas 1. INTRODUCTION Supply management is a complex function that’s critical to business success‚ responsible for delivering efficient costs‚ high quality‚ fast delivery and continuous innovation throughout companies’ entire supply chains. The strategic contribution of supply management is measured not only in savings made‚ but also in increased shareholder value (Niezen‚ Weller & Deringer‚ 2007). Nike and Adidas are two global companies try to improve their
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the organization. On the hand‚ external competitiveness refers to how an organization pays for jobs in relation to its competitors. For example‚ Adidas pays its employees in relation to Nike’s pay to its employees. The organization sets its pay limits with respect to the lower limit pay rate and upper limit pay rate (Hill &Irwin‚ 11). According to Nike code of conduct‚ the organization uses both internal alignment and external competitiveness. This is because it pays minimum wage to its employees
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Nike vs Puma Easily the biggest grudge match in Germany this month will not be between two of the countries competing‚ but between homegrown Adidas and‚ of course‚ American arch-rivals Nike. The business media is already hot on the Stripes versus the Swoosh‚ with the German brand reportedly splashing out double Nike’s estimated £60m World Cup marketing spend. But what about the shirts themselves? Which ones would you want to play in‚ and which should be left on the backs of the die-hards down the
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Herbert Hainer‚ CEO Adidas‚ speaks openly and honestly about his efforts to knock Nike off the Top Spot in 2010 by leveraging the firm’s $200 million World Cup sponsorship push to its full advantage. Currently within spitting distance of Nike’s 2007 €11.1 billion revenue‚ Herbert explains how the World Cup equates to big wins for brands like Adidas in terms of sponsorship‚ advertising and exposure. “The World Cup is definitely the biggest event for us‚” he admits‚ adding that football is in the
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Ellen Meyer Dr. White MANG 497 March 29‚ 2012 Adidas Case Analysis Current Strategy Adidas went through a stage of restructuring when the company’s corporate strategy needed to be revamped. Before 2009‚ adidas focused on making acquisitions that would ultimately lead to overtaking Nike as the leader of the global sporting goods industry. In 2009‚ adidas restructured the corporate strategy to extend its leadership in product innovation‚ creating a differentiated image for the products
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