With the implementation of its first SAP® solution in 1994, Colgate has greatly enhanced and automated global visibility for its supply chain management processes, improved supply chain decision making, increased the speed to market for its products, and minimized costs. As a result, the organization is more demand driven and globally integrated. The SAP ERP application helped increase standardization, lowered costly gratuitous of effort as well as enormous inventory levels and order cycle times. The SAP software, above all, was able to integrate a wide array of processes across different sections and regions of the company. Colgate therefore, gained a consolidated platform to respond to global customer requirements, analyze sourcing options and determine competitive strategies. Additionally, SAP was committed to partnering with Colgate’s customers to research and develop strong industry-specific solutions. Colgate started an aggressive plan to align all of its processes for supply chain planning. Although customer order fulfillment had been raised significantly to around 90% and completed on-time, the company needed better visibility to increase customer demand. To accomplish this, the organization required full, real-time visibility for supply and demand information worldwide and a highly responsive process for supply chain planning. Colgate responded to these obstacles by leveraging the demand visibility, supply optimization, and collaboration functionality of the SAP
Colgate-Palmolive Company built some remarkable strengths while striving to fore fill the opportunities. By matching internal strengths and external opportunities company will yield an industry leverage. Using Corporate reputation for quality, technological leadership and long tradition in the industry, Colgate will be able to differentiate its products. The latest development of Optic White High Impact toothpaste with a 4 day express teeth whitening technology will become company’s niche. Although, company plans to extend the product line, it will also need to protect itself from arising competitors and substitute products, thus increasing bargaining power of suppliers and customers alike. “Dependence on large-format retailers like Wal-Mart (WMT), Target (TGT), and Costco (COST), which have a great deal of bargaining strength,” (Morgan, P., 2015) can work against Colgate. Infrastructural challenges, currency fluctuation, counterfeit product, and local substitute brands can potentially have a significant impact on Colgate’s global
Colgate Palmolive is a global giant with presence in over 200 countries and over $17.1 billion financial worth. It deals with consumer products used for a healthy lifestyle. It deals in the domain of oral, personal and home care. The company has been around for moreover 200 years and there keen focus on their core values have been the key for success. Started in 1860 it has spread its operations in 75 countries and encompasses over 37 400 employees. Headquarters in New York it has 6 global regions with 75% of sales coming out of USA. It has over 50 manufacturing and research facilities spread globally and all the products are manufactured by personally owned facilities. The company core values include caring, global teamwork and continuous
This in particular means for Colgate that they must differentiate their products from the competitor’s products by being innovative and unique. Moreover the toothpaste market is growing constantly which means that more different needs and expectations of the customer will arise. Therefore Colgate must make use of marketing tools such as market segmentation to better identify their needs in order to supply them with the right products. 3. Situational analysis
Colgate-Palmolive Co (CP) was an international leader in household and personal care product, with the sales of $6.06 billion and profit of $2.76 billion in 1991. CP set up a five-year plan in 1991, pointing out that company needed to focus on new product launching and entry into new geographic markets by improving the manufacturing, distribution and the continuance of the core consumer products. Started from 1984, CP’s CEO awaked the company from “sleepy and inefficient” to profitable. Both gross margin and annual volume growth increased from 1985. Although everything seemed good, CP was facing the worldwide strong competitions from other companies. In order to have some protections, 170 CP’s
Target Corporation is among the top ten largest retail outlets in the U.S. offering clothing apparel, produce, home décor, and other household goods. The utilization of its infrastructure and information technology systems provides Target with one of its greatest strengths of forecasting consumer needs, which establishes repeat customers and consumer loyalty. “Making Target your preferred shopping destination in all channels by delivering outstanding value, continuous innovation and exceptional experiences” (Target Corporate, n.d.). The firm is supported by a strong IT department, a phenomenal leadership team that develops concrete operational planning, and consist of an organizational structure that is one other firms can model to achieve success. Target’s physical locations existence within a foreign market was short lived when Target ventured into Canada in March 2013. After closing its 124 stores in 2015, the firm is in a better position for a global expansion into Ethiopia, which has become an emerging and back into Canada where it first experienced failure.
Marketing Analysis: Be our guest is an established service sector business. The company rents party equipment to other businesses and individuals for varied occasions, such as marriages and parties, which makes the demand for it being cyclical. The company is known for the high quality equipment they deliver and the extra ordinary services they provide in comparison to their competitors. Over the last three years from 1994 to 1997 the net sales for Be Our Guest have increased by 11% in 1994-1995 then by 9% in 1995-1996 and by another 23% from 1996-1997. There are number of factors causing this rapid escalation in sales. Having a strategy of providing high level of service and quality developed long-term relationship with the clients. Furthermore, those loyal and satisfied customers’ help in the promotion of the business as new clients come from a word of mouth of existing clients.
SAP provides businesses scalable and customizable solutions for all aspects of your clients' businesses, from production to marketing and Human Resources to finance reporting. Moreover, SAP products and applications will allow your clients to operate at peak efficiency levels, with better communication and faster decision-making. Therefore, the
The threat of Amazon giant entering the pharmaceutical distribution business can be perceived as an opportunity to dethrone McKesson as the leader in this industry. However, the evidence presented in this proposal will show that McKesson can through an effective business plan and advanced technology, launch ground breaking software that will enhance the processes currently being used.
Excellent customer service is a way to set the organization apart from its competitors. Differentiation can be achieved through fast and correct execution of product ordering. To improve on the order process it is important to have the correct information provided in a timely fashion to all divisions. For integration to be successful information must be available throughout the entire supply chain.
The objective of this RFI is to determine whether or not Colgate-Palmolive (C&P) should remain with SAP for their technology infrastructure, or if they should seek out other or new IT opportunities. C&P needs to determine what is important and whether or not IT supports it. We evaluate the current problem C&P is facing and the future trend of the technology. We reviewed SAP and its competitor, Oracle, to determine whether C&P should stay with their current provider and what advantages would be available to them from their current and other IT providers. C&P must have a very good handle on automation and rationalization. These two items being the two most common forms of organizational change because they are
The aim of the report is to research, define and analyse the target market, segment, competitor product and marketing mix as they are important prior to the product launching.
In 2004, Coca-Cola Enterprises and SAP announced plans to partner in a project to improve direct store delivery (DSD), equipment service, and full service vending of the bottling industry. Coca-Cola Enterprises will utilize integrated solutions of the mySAP Business Suite to improve customer service and customer satisfaction. mySAP Business Suite will also work to enhance interaction between inside sales, logistics functions, and field sales of the industry to reduce costs related to these areas.
Excellent customer service is a way to set the organization apart from its competitors. Differentiation can be achieved through fast and correct execution of product ordering. To improve on the order process it is important to have the correct information provided in a timely fashion to all divisions. For integration to be successful information must be available throughout the entire supply chain.
Marketing is selling the product goods and service by knowing the needs and wants of the customer and consumer (Kotler P, 2009). Marketing Management expertise has capable of knowing the change of an organisation to manage both the internal and external challenges of environment (Cant M C, et al, 2009). A company needs to classify the customer needs and identifies the demand of the supplying
Business firms use several tools and techniques for marketing control. The important ones among them are listed above. 1. Marketing audit 2. Market share analysis 3. Marketing cost analysis 4. Credit control 5. Budgetary control 6. Ratio analysis 7. Contribution margin analysis 8. Marketing Information inputs and warning signals 9. MBO management by objectives