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Supply chain
  • Lady Rose Joy Domalanta

  • 問題数 157 • 9/12/2023

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    問題一覧

  • 1

    CRM platforms typically offer communication tools

    improve communication and collaboration

  • 2

    hospitality business can nurture relationships with their customers

    increased customer loyalty

  • 3

    components of crm

    marketing automation sales force automation contact center automation workflow automation lead management human resource management

  • 4

    can automate repetitive tasks to enhance marketing efforts

    marketing automation

  • 5

    related to personalized offers, wishing birthdays, anniversaries

    automate communication

  • 6

    Things to Consider When Using CRM

    Define Your Goals Train your staff Indulge in regular monitoring Plan integrations in advance Understand legal aspect

  • 7

    companies must carefully manage their inventory levels

    inventory

  • 8

    the main goal of a CRM is to provide the best customer experience

    define your goals

  • 9

    is the process of controlling the flow of goods and materials

    inventory management

  • 10

    focuses on strengthening customer relationships

    hotel CRM

  • 11

    to provide a buffer between production and sales

    inventory

  • 12

    track customer interactions and automate

    sales force automation

  • 13

    hospitality CRM helps marketing, customer service, and sales team

    work effeciently

  • 14

    Designed to reduce tedious aspects of a contact center agent's job

    contact center automation

  • 15

    you need to go through basic training to understand the nuances.

    train your staff

  • 16

    your business needs might change from time to time,

    indulge in regular monitoring

  • 17

    include prerecorded audio

    contact center automation

  • 18

    might require additional integrations like call center software

    plan integrations in advance

  • 19

    Systems help businesses optimize processes by streamlining mundane workloads,

    workflow automation

  • 20

    you need to thoroughly check with your vendor regarding all the data privacy protection regulations

    understand legal aspect

  • 21

    assistance provided to customers

    hotel customer service

  • 22

    can need help selecting rooms

    guest

  • 23

    It includes tracking, storage, and distribution of products

    inventory management

  • 24

    THE NEED OF CRM

    Track Occupancy Provides a Centralized Database Boost Customer Engagement Enhances Customer Loyalty Boost Conversions Work Efficiently Automate Communication IVR Integration

  • 25

    4 ASPECT OF INVENTORY MANAGEMENT

    Just in time/JIT materials requirement planning/MRP economic order quantity/EOQ day sales of inventory/DSI

  • 26

    not only helps you in keeping a record

    IVR intergration

  • 27

    Benefits of CRM

    Improved Customer Satisfaction Increased customer loyalty Enhanced guest service Improved marketing and sales efforts

  • 28

    which goods are received from suppliers only

    JIT

  • 29

    to better understand the preferences and needs of their guests.

    improved customer satisfaction

  • 30

    calculated using the average inventory

    stock turnover

  • 31

    CRM platforms offer robust marketing and sales functionalities

    improve marketing and sales efforts

  • 32

    can centralize guest data

    enhance guest service

  • 33

    stock turnover also called as

    inventory turnover

  • 34

    Human errors are inevitable

    track occupancy

  • 35

    system provides complete customer information

    hotel CRM

  • 36

    to be available and present for guests

    customer service department

  • 37

    to reduce inventory holding costs

    JIT

  • 38

    hotel CRM provides you the status of a customer

    boost conversions

  • 39

    Sales leads can be tracked through CRM

    lead management

  • 40

    will improve the relationship between your guests

    excellent customer service

  • 41

    CRM provides a centralized platform

    provides a centralized database

  • 42

    is a system for calculating the materials

    MRP

  • 43

    are more likely to come back and be loyal

    satisfied guest

  • 44

    business use to manage and improve their interactions

    CRM

  • 45

    three primary steps or MRP

    -taking inventory of the materials and components on hand -identifying which additional ones are needed -scheduling their production or purchase

  • 46

    direct connection between your customers and your company

    customer service team

  • 47

    a visitor can be contacted and engaged

    boost customer engagement

  • 48

    CRM software helps you to acquire and retain custom

    enhances customer loyalty

  • 49

    CRM systems help track employee information

    human resource management

  • 50

    can improve your relationships with customers

    essential customer service

  • 51

    is a company's optimal order quantity

    EOQ

  • 52

    also what keeps your customers coming back to your company over time

    essential customer service

  • 53

    where demand, ordering, and holding costs remain constant

    EOQ formula

  • 54

    UNDERSTANDING THE ROLE OF CUSTOMER SERVICE IN HOTEL INDUSTRY

    -Providing Quality Service to Guests -Handling Guest Complains and Resolving Issues -Maintaining Positive Customer Relations -Enhancing Customer Satisfaction and Loyalty

  • 55

    is the average number of days it takes for a firm to sell off inventory

    DSI

  • 56

    is a metric that analysts use to determine the efficiency of sales

    DSI

  • 57

    KEY COMPONENTS OF EXCELLENT CUSTOMER SERVICE IN THE HOTEL INDUSTRY

    Communication Skills Empathy and Friendliness Flexibility and Adaptability Attention to Detail Time Management and Organization

  • 58

    can indicate that a firm is not properly managing its inventory

    high DSI

  • 59

    THE IMPACT OF CUSTOMER SERVICE ON THE SUCCESS OF HOTEL BUSINESSES

    Building a Positive Reputation Increasing Customer Satisfaction and Loyalty Attracting New Customers Improving Financial Problems

  • 60

    BEST PRACTICES FOR PROVIDING EXCEPTIONAL CUSTOMER SERVICE IN THE HOTEL INDUSTRY

    -Train Employees on Customer Service Skills -Encourage a Customer – Centric Culture -Implement Feedback Mechanisms for Guest -Monitor and Measure Customer Service Performance

  • 61

    is the total cost of sales divided by inventory

    stock turnover

  • 62

    measurement how well a supply chain

    supply chain performance

  • 63

    ecompases various aspects

    supply chain performance

  • 64

    SCOR

    supply chain operations reference model

  • 65

    5 key components of supply chain

    -planning -sourcing -making -delivery -returning

  • 66

    three common measures to evaluate supply chain performance

    cost speed quality

  • 67

    expenses incurred by a company

    cost

  • 68

    time taken for an order

    speed

  • 69

    meeting customer expectations regarding products quality

    quality

  • 70

    two categories of supply chain methods

    qualitative measures quantitative measures

  • 71

    customer satisfaction and product quality

    qualitative measures

  • 72

    order to delivery lead time

    quantitative measure

  • 73

    essential part of any company's supply chain

    procurement

  • 74

    four major KPIs

    cost saving delivery accuracy supplier compliance cycle time

  • 75

    implementing an efficient inventory management system

    optimizing inventory levels

  • 76

    the measures taken for gauging different fixed

    financial measure

  • 77

    play a vital role in evaluating performance

    financial measures

  • 78

    commonly used financial metrics

    RevPAR ADR Occupancy rate NOI

  • 79

    provide valuable insights for improving efficiency

    financial measures

  • 80

    may face challenges related to data

    financial measures

  • 81

    Best practices in financial measure

    setting defined goals regular monitoring fostering interdepartmental collaboration

  • 82

    financial measures

    cost of raw material revenue from goods sold inventory holding cost transportation cost cost of expired perishable goods cost of goods return by customer cost of goods return by supplier

  • 83

    Best Practices for Effective Use of Financial Measures

    Defined Goals •Establish clear goals and align financial measures to track progress towards achieving them. •Regular Monitoring •Consistently monitor financial measures to identify trends and make timely adjustments to optimize performance. •Interdepartmental Collaboration •Promote collaboration between finance, operations, and marketing teams to ensure a comprehensive and holistic approach to financial performance.

  • 84

    Challenges in Implementing Financial Measures

    Data Accuracy •Obtaining accurate and reliable data is crucial for meaningful analysis and decision-making. •Complexity •Measuring financial performance in the hospitality industry involves considering multiple variables, making it challenging to capture the compl •Industry Variability •Factors such as seasonality, location, and market dynamics require adapting financial measures to suit specific contexts.

  • 85

    Benefits of Financial Measures

    •Data-Driven Decisions •Financial measures provide concrete information to make informed decisions and drive strategic planning in the hospitality industry. •Performance Evaluation •Measuring financial metrics enables benchmarking against industry standards and tracking progress towards goals to ensure continuous improvement. •Investor Confidence •Strong financial performance attracting potential investors and creating opportunities for growth and expansion.

  • 86

    represents the revenue generated from operations

    net operating income

  • 87

    shows the profitability of a hotel

    NOI

  • 88

    measures the percentage of rooms

    occupancy rate

  • 89

    technology for managing all your company's relationships

    CRM

  • 90

    track customer interactions and automate

    sales force automation

  • 91

    Designed to reduce tedious aspects of a contact center agent's job

    contact center automation

  • 92

    include prerecorded audio

    contact center automation

  • 93

    Systems help businesses optimize processes by streamlining mundane workloads,

    workflow automation

  • 94

    Sales leads can be tracked through CRM

    lead management

  • 95

    CRM systems help track employee information

    human resource management

  • 96

    business use to manage and improve their interactions

    CRM

  • 97

    focuses on strengthening customer relationships

    hotel CRM

  • 98

    system provides complete customer information

    hotel CRM

  • 99

    THE NEED OF CRM

    Track Occupancy Provides a Centralized Database Boost Customer Engagement Enhances Customer Loyalty Boost Conversions Work Efficiently Automate Communication IVR Integration

  • 100

    Human errors are inevitable

    track occupancy