Many professional services organizations track key metrics such as net profit, billable utilization and more. The question is how those metrics stack up against peers and competitors in the industry at large.
Customer relationship management (CRM) refers to methodologies, software and Internet capabilities that allow companies to manage their relationships with current and potential customers. Companies often use CRM software applications to organize, automate and synchronize sales, marketing, customer service, and technical support. These applications are available most often as on-premise or through software-as-a-service (SaaS).
Given the recent acquisition by Oracle, the NetSuite Global Business Unit now has an even greater breadth of resources and greater depth of domain knowledge about the demands of vertical industries and the segments within them. Combining these resources with NetSuite’s 18 years of experience in building a system to run a business from the cloud gives us the opportunity to move quickly to address new industry segments. NetSuite is taking its knowledge of this to pull together leading practices and functionality to address three new industry segments: apparel, footwear and accessory retailers, advertising agencies and college bookstores.
Advertising in 2017 will continue to see the wholesale upheaval that is pressuring agencies to adjust traditional business models and rethink operations. Already, the shift from brand-building traditional advertising to metric-driven digital advertising is in full motion. Agencies are building a talent pool that map to client opportunities. To not only survive, but thrive in this environment, advertising agencies need to account for these key trends impacting the industry.
Manufacturing is no longer about producing goods as cheaply as possible to meet the demands and price points of retailers. Today’s manufacturers are becoming far more reliant on a new raw material – data.