Version 1
: Received: 20 June 2024 / Approved: 21 June 2024 / Online: 24 June 2024 (05:12:45 CEST)
How to cite:
Holloway, S. Exploring the Impact of Real-Time Supply Chain Information on Marketing Decisions: Insights from Service Industries. Preprints2024, 2024061500. https://doi.org/10.20944/preprints202406.1500.v1
Holloway, S. Exploring the Impact of Real-Time Supply Chain Information on Marketing Decisions: Insights from Service Industries. Preprints 2024, 2024061500. https://doi.org/10.20944/preprints202406.1500.v1
Holloway, S. Exploring the Impact of Real-Time Supply Chain Information on Marketing Decisions: Insights from Service Industries. Preprints2024, 2024061500. https://doi.org/10.20944/preprints202406.1500.v1
APA Style
Holloway, S. (2024). Exploring the Impact of Real-Time Supply Chain Information on Marketing Decisions: Insights from Service Industries. Preprints. https://doi.org/10.20944/preprints202406.1500.v1
Chicago/Turabian Style
Holloway, S. 2024 "Exploring the Impact of Real-Time Supply Chain Information on Marketing Decisions: Insights from Service Industries" Preprints. https://doi.org/10.20944/preprints202406.1500.v1
Abstract
This qualitative research explores the profound implications of integrating real-time supply chain information on marketing decisions within service industries. Through semi-structured interviews with professionals from logistics, retail, hospitality, healthcare, and telecommunications sectors, the study examines how real-time data enhances demand forecasting, inventory management, personalized marketing approaches, agility in marketing responses, and supplier relationship management. Findings reveal that real-time supply chain information significantly improves accuracy in predicting customer demand and optimizing inventory levels, thereby reducing costs and enhancing service delivery efficiency. Moreover, real-time data enables more targeted marketing strategies through granular customer segmentation and dynamic pricing adjustments based on real-time market dynamics. The agility afforded by real-time information allows companies to swiftly adapt marketing strategies to emerging trends and consumer behaviors, maintaining competitiveness in dynamic service markets. Enhanced supplier collaboration and risk management further underscore the strategic value of real-time supply chain integration, fostering stronger partnerships and supply chain resilience. This study contributes to a deeper understanding of how real-time supply chain information transforms marketing practices in service industries, highlighting its role in improving operational efficiency, customer satisfaction, and overall competitiveness. Future research could explore implementation challenges and long-term impacts across diverse service sectors, providing insights into optimizing the strategic use of real-time data for sustained business success.
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
