A Study on Customer Relationship Management at Anantha PVC Pipes, Anantapur

I

Competition between enterprises is becoming more intense in the 21st century. Economy is depressed, the industrial structure is changing, and unemployment is at a record rate in India. Under these competitive pressures, it is important to impress and improve the relationship with the customer. Because of the power of information and telecommunications technologies, business can track their customers and determine what they really want and how they actually use the product. Analysing the information returned from customers and products, business can provide active and accurate service to the right customer through the right channel at the right time and increase customer satisfaction. This paper refers the Customer Service in Customer Relationship Management CRM . Venkat Divya | Dr. T. Narayana Reddy "A Study on Customer Relationship Management at Anantha PVC Pipes, Anantapur" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-6 , October 2022, URL: https://www.ijtsrd.com/papers/ijtsrd51849.pdf Paper URL: https://www.ijtsrd.com/management/consumer-behaviour/51849/a-study-on-customer-relationship-management-at-anantha-pvc-pipes-anantapur/venkat-divya

International Journal of Trend in Scientific Research and Development (IJTSRD)
Volume 6 Issue 6, September-October 2022 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470
@ IJTSRD | Unique Paper ID – IJTSRD51849 | Volume – 6 | Issue – 6 | September-October 2022 Page 210
A Study on Customer Relationship Management
at Anantha PVC Pipes, Anantapur
Venkat Divya1
, Dr. T. Narayana Reddy2
1
Student, 2
Associate Professor & Head of SMS,
1,2
School of Management Studies & JNTUA, Anantapur, Andhra Pradesh, India
ABSTRACT
Competition between enterprises is becoming more intense in the 21st
century. Economy is depressed, the industrial structure is changing,
and unemployment is at a record rate in India. Under these
competitive pressures, it is important to impress and improve the
relationship with the customer. Because of the power of information
and telecommunications technologies, business can track their
customers and determine what they really want and how they actually
use the product. Analysing the information returned from customers
and products, business can provide active and accurate service to the
right customer through the right channel at the right time and increase
customer satisfaction. This paper refers the Customer Service in
Customer Relationship Management (CRM).
KEYWORDS: Customer relationship maintenance, customer
satisfaction, customer retention
How to cite this paper: Venkat Divya |
Dr. T. Narayana Reddy "A Study on
Customer Relationship Management at
Anantha PVC Pipes, Anantapur"
Published in
International
Journal of Trend in
Scientific Research
and Development
(ijtsrd), ISSN:
2456-6470,
Volume-6 | Issue-6,
October 2022, pp.210-213, URL:
www.ijtsrd.com/papers/ijtsrd51849.pdf
Copyright © 2022 by author(s) and
International Journal of Trend in
Scientific Research and Development
Journal. This is an
Open Access article
distributed under the
terms of the Creative Commons
Attribution License (CC BY 4.0)
(http://creativecommons.org/licenses/by/4.0)
INTRODUCTION
CRM can be defined as an organized approach of
developing, managing, and maintaining a profitable
relationship with customers. The process of
developing a cooperative and collaborative
relationship between the buyer and seller is called
customer relationship management. It demands
building trust, a binding force and value-added
relationship with the customers.
A growing number of organizations have
implemented or are considering implementing
Customer Relationship Management (CRM)
strategies for the purpose of becoming more
customers focused. Despite this trend, there remains a
relative dearth of academic literature relating to
examining the realities of achieving such
organizational objectives. CRM systems can be
viewed as strategic and operational information
systems aimed at enabling organizations to realize a
customer focus (Bull 2003).
Industry profile:
The Indian pipes industry is among the top three
manufacturing hubs after Japan and China. The
demand for plastic pipes such as PVC and CPVC is
increasing as these pipes are better in quality and
durability. Today India exports plastic products to as
many as 80 countries all over the world. The exports,
which were stagnant at around rest. 60-70 cores per
annum.
Company profile:
Name of the company: Anantha P.V.C pipe Pvt
Ltd
Industry: Manufacturing
Date of Incorporation: Feb 2002
Chairman: S. P. Y. Reddy.
Managing director: Sannapu Reddy, Aravinda
Rani
Head Quarters: Nandyal, Kurnool.
No of employees: 450
Website: www.nandhinipipes.com
Turnover: 100 to 120 Cr
IJTSRD51849
International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD51849 | Volume – 6 | Issue – 6 | September-October 2022 Page 211
Plant location: NH-7 Hampapuramu, Raptadu(m),
Anantapuramu
Products: PVC, CPVC.
Objectives:
To study the factors influencing the customers
buying decision at Anantha PVC pipes pvt ltd
Anantapuramu.
To know the relationship between the offers
provided and customer satisfaction of Anantha
PVC pipes pvt ltd Anantapuramu.
To analyze the impact of customer satisfaction on
consumer buying decision of Anantha PVC pipes
pvt ltd Anantapuramu.
Need of the study:
The purpose of the study is to identify the
importance and effectiveness of CRM on
customer buying behavior in Anantha PVC pipes
pvt ltd Anantapur.
Scope of the study:
The present study is confined to the customer
relationship management of Anantha PVC pvt ltd
Anantapuramu.
Research methodology:
The study is based on both primary and secondary
data
PRIMARY DATA: The primary data is collected
through a structured questionnaire.
SECONDARY DATA: The secondary data is
collected from the company website, and different
journals.
WEBSITE: www. Anantha Pvc Pipes Pvt Ltd.com
SAMPLING TECHNIQUE:
The sampling technique used in this study is
convenience sampling.
Tools and techniques:
The tools used in the study are
Tables
Charts
Chi-square
Correlation
Limitations of the study:
The study is confined to Anantha PVC pipes pvt
ltd Anantapuramu.
The present study is confined to period of 45 days
only.
The survey is limited to particular region only i.e.;
Hindupuramu.
Hypothesis:
Ho1: There is no significant relation between
customer satisfaction and offers provided by the
company.
Ha1: There is a significant relation between
customer satisfaction and offers provided by the
company.
Ho2: There is no impact of customer satisfaction
on customer buying decision.
Ha2: There is an impact of customer satisfaction
on customer buying decision.
1. Would you like to use more pipes from
Anantha in future?
Like to use more products in future:
Attributes No of respondents Percentage
Yes 206 94.49
No 12 5.51
Total 218 100
INTERPRETATION:
From the above analysis we observe that 94.49% of
respondents say they would like to use more products
in future, where 5.51% choose not to use more in
future.
2. Are you satisfied with customer relationship
maintenance of Ananatha PVC ?
Satisfaction level with CRM:
Options
No of
respondents
Percentage
Highly dissatisfied 2 0.92
Dissatisfied 17 7.80
Average 52 23.85
Satisfied 70 32.11
Highly satisfied 77 35.32
Total 218 100
INTERPRETATION:
From the above analysis we observe that 35.32% of
respondents rated highly satisfied for CRM practices,
International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD51849 | Volume – 6 | Issue – 6 | September-October 2022 Page 212
32.11% are satisfied, 23.85% are average,7.80% are
dissatisfied and 0.92% are dissatisfied.
3. Are you satisfied with the services provided
provided by Anantha pipes?
Satisfaction with offers
Attributes
No of
respondents
Percentage
Highly dissatisfied 0 0
Dissatisfied 10 4.58
Average 69 31.66
Satisfied 87 39.91
Highly satisfied 52 23.85
Total 218 100
INTERPRETATION:
From the above analysis we observe that 39.91%
respondents are satisfied with the offers provided by
the company, 31.66% stated average, 23.85% are
highly satisfied, where 4.58% are dissatisfied and 0%
are highly dissatisfied.
Data analysis and interpretation:
Correlations
Services
provided
Customer
satisfaction
Services
provided
Pearson
Correlation
1 .057
Sig. (2-tailed) .401
N 218 218
Customer
satisfaction
Pearson
Correlation
.057 1
Sig. (2-tailed) .401
N 218 218
INTERPRETATION:
From the above correlation table shows the relation
between customer satisfaction and offers provided by
the company. As the Pearson significant p=0.057
which is greater than significant value (0.05). Hence
here the null hypothesis is accepted.
Therefore, we can say that there is no much relation
between the services provided by the company and
customer satisfaction in case of Anantha PVC
company.
But as we can observe the difference value is very
less (.007) we can say that there will be little relation
existing between offers provided by the company and
customer satisfaction.
Chi-Square Tests
Value df
Asymptotic
Significance
(2-sided)
Pearson Chi-Square 31.775a
8 <.001
Likelihood Ratio 30.515 8 <.001
N of Valid Cases 218
a. 7 cells (46.7%) have expected count less than
5. The minimum expected count is .11.
INTERPRETATION:
From the above chi-square table it is identified that
Pearson chi-square value p=31.775 and significant
value p=0.001.As the significant value is 0.001 which
is less than the level of significance (0.05),the null
hypothesis is rejected .Therefore there is a strong
impact of customer satisfaction on customer buying
decision.
Findings of the study:
42.21% of the respondents are getting aware
about Anantha pipes through dealers, where
35.32% are from friends/relatives,20.64% from
print media and 1.83% through television.
96.78% of respondents are satisfied with the
quality of Anantha pipes where 3.22% are not
satisfied.
35.32% of respondents rated highly satisfied for
CRM practices,32.11% are satisfied,23.85% are
average,7.80% are dissatisfied and 0.92% are
dissatisfied.
94.49% of respondents say they would like to use
more products in future, where 5.51% choose not
to use more in future.
50.92% of respondents say that the company
collects customer feedback sometimes,36.24%
say never and 12.84% actively.
39.91% respondents are satisfied with the services
provided by the company,31.66% stated average,
23.85% are highly satisfied, where 4.58% are
dissatisfied and 0% are highly dissatisfied.
Suggestions of the study:
As it is observed that most of the buyers are came
to know about Anantha pvc from dealers. So, it is
better to concentrate more on other promotional
tools.
Some of the respondents have complaints with the
availability and delivery services. So, the
company should try to speed up with the delivery
process.
International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470
@ IJTSRD | Unique Paper ID – IJTSRD51849 | Volume – 6 | Issue – 6 | September-October 2022 Page 213
Most of the respondents feel company should
more often collect customer feedback. So, if the
company concentrates more on the feedback it
will benefit to company.
CRM has a wide scope. Follow-up research could
focus on a single topic such as data warehousing
and data mining for advance.
Conclusion of the study:
For any company to reach the peak in today’s
competitive era, they must use each and every
component of relationship management
techniques. By the study we can conclude that
Anantha pvc is using the Customer relation
management in a moderate manner.
In summary, we pointed out the CRM
implementation strategies clearly and think that
when the pipes industry applies CRM, they
should enhance establishing organized CRM and
senior managers should support this change.
Bibliography:
[1] Weill, P., “The role and value of information
technology infrastructure: some empirical
observations,” Idea Group Publishing,
Middleton, PA, (1993).
[2] Kotler, P., “Marketing Management: Analysis,
Planning, Implementation, and Control,” 9th
ed., New Jersey, David Borkowsky., (1997).
[3] Barney, J., “Firm resources and sustained
competitive advantage,” Journal of
Management, Vol. 17, No. 1, pp.99-120,
(1991).

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A Study on Customer Relationship Management at Anantha PVC Pipes, Anantapur

  • 1. International Journal of Trend in Scientific Research and Development (IJTSRD) Volume 6 Issue 6, September-October 2022 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470 @ IJTSRD | Unique Paper ID – IJTSRD51849 | Volume – 6 | Issue – 6 | September-October 2022 Page 210 A Study on Customer Relationship Management at Anantha PVC Pipes, Anantapur Venkat Divya1 , Dr. T. Narayana Reddy2 1 Student, 2 Associate Professor & Head of SMS, 1,2 School of Management Studies & JNTUA, Anantapur, Andhra Pradesh, India ABSTRACT Competition between enterprises is becoming more intense in the 21st century. Economy is depressed, the industrial structure is changing, and unemployment is at a record rate in India. Under these competitive pressures, it is important to impress and improve the relationship with the customer. Because of the power of information and telecommunications technologies, business can track their customers and determine what they really want and how they actually use the product. Analysing the information returned from customers and products, business can provide active and accurate service to the right customer through the right channel at the right time and increase customer satisfaction. This paper refers the Customer Service in Customer Relationship Management (CRM). KEYWORDS: Customer relationship maintenance, customer satisfaction, customer retention How to cite this paper: Venkat Divya | Dr. T. Narayana Reddy "A Study on Customer Relationship Management at Anantha PVC Pipes, Anantapur" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-6, October 2022, pp.210-213, URL: www.ijtsrd.com/papers/ijtsrd51849.pdf Copyright © 2022 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0) INTRODUCTION CRM can be defined as an organized approach of developing, managing, and maintaining a profitable relationship with customers. The process of developing a cooperative and collaborative relationship between the buyer and seller is called customer relationship management. It demands building trust, a binding force and value-added relationship with the customers. A growing number of organizations have implemented or are considering implementing Customer Relationship Management (CRM) strategies for the purpose of becoming more customers focused. Despite this trend, there remains a relative dearth of academic literature relating to examining the realities of achieving such organizational objectives. CRM systems can be viewed as strategic and operational information systems aimed at enabling organizations to realize a customer focus (Bull 2003). Industry profile: The Indian pipes industry is among the top three manufacturing hubs after Japan and China. The demand for plastic pipes such as PVC and CPVC is increasing as these pipes are better in quality and durability. Today India exports plastic products to as many as 80 countries all over the world. The exports, which were stagnant at around rest. 60-70 cores per annum. Company profile: Name of the company: Anantha P.V.C pipe Pvt Ltd Industry: Manufacturing Date of Incorporation: Feb 2002 Chairman: S. P. Y. Reddy. Managing director: Sannapu Reddy, Aravinda Rani Head Quarters: Nandyal, Kurnool. No of employees: 450 Website: www.nandhinipipes.com Turnover: 100 to 120 Cr IJTSRD51849
  • 2. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470 @ IJTSRD | Unique Paper ID – IJTSRD51849 | Volume – 6 | Issue – 6 | September-October 2022 Page 211 Plant location: NH-7 Hampapuramu, Raptadu(m), Anantapuramu Products: PVC, CPVC. Objectives: To study the factors influencing the customers buying decision at Anantha PVC pipes pvt ltd Anantapuramu. To know the relationship between the offers provided and customer satisfaction of Anantha PVC pipes pvt ltd Anantapuramu. To analyze the impact of customer satisfaction on consumer buying decision of Anantha PVC pipes pvt ltd Anantapuramu. Need of the study: The purpose of the study is to identify the importance and effectiveness of CRM on customer buying behavior in Anantha PVC pipes pvt ltd Anantapur. Scope of the study: The present study is confined to the customer relationship management of Anantha PVC pvt ltd Anantapuramu. Research methodology: The study is based on both primary and secondary data PRIMARY DATA: The primary data is collected through a structured questionnaire. SECONDARY DATA: The secondary data is collected from the company website, and different journals. WEBSITE: www. Anantha Pvc Pipes Pvt Ltd.com SAMPLING TECHNIQUE: The sampling technique used in this study is convenience sampling. Tools and techniques: The tools used in the study are Tables Charts Chi-square Correlation Limitations of the study: The study is confined to Anantha PVC pipes pvt ltd Anantapuramu. The present study is confined to period of 45 days only. The survey is limited to particular region only i.e.; Hindupuramu. Hypothesis: Ho1: There is no significant relation between customer satisfaction and offers provided by the company. Ha1: There is a significant relation between customer satisfaction and offers provided by the company. Ho2: There is no impact of customer satisfaction on customer buying decision. Ha2: There is an impact of customer satisfaction on customer buying decision. 1. Would you like to use more pipes from Anantha in future? Like to use more products in future: Attributes No of respondents Percentage Yes 206 94.49 No 12 5.51 Total 218 100 INTERPRETATION: From the above analysis we observe that 94.49% of respondents say they would like to use more products in future, where 5.51% choose not to use more in future. 2. Are you satisfied with customer relationship maintenance of Ananatha PVC ? Satisfaction level with CRM: Options No of respondents Percentage Highly dissatisfied 2 0.92 Dissatisfied 17 7.80 Average 52 23.85 Satisfied 70 32.11 Highly satisfied 77 35.32 Total 218 100 INTERPRETATION: From the above analysis we observe that 35.32% of respondents rated highly satisfied for CRM practices,
  • 3. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470 @ IJTSRD | Unique Paper ID – IJTSRD51849 | Volume – 6 | Issue – 6 | September-October 2022 Page 212 32.11% are satisfied, 23.85% are average,7.80% are dissatisfied and 0.92% are dissatisfied. 3. Are you satisfied with the services provided provided by Anantha pipes? Satisfaction with offers Attributes No of respondents Percentage Highly dissatisfied 0 0 Dissatisfied 10 4.58 Average 69 31.66 Satisfied 87 39.91 Highly satisfied 52 23.85 Total 218 100 INTERPRETATION: From the above analysis we observe that 39.91% respondents are satisfied with the offers provided by the company, 31.66% stated average, 23.85% are highly satisfied, where 4.58% are dissatisfied and 0% are highly dissatisfied. Data analysis and interpretation: Correlations Services provided Customer satisfaction Services provided Pearson Correlation 1 .057 Sig. (2-tailed) .401 N 218 218 Customer satisfaction Pearson Correlation .057 1 Sig. (2-tailed) .401 N 218 218 INTERPRETATION: From the above correlation table shows the relation between customer satisfaction and offers provided by the company. As the Pearson significant p=0.057 which is greater than significant value (0.05). Hence here the null hypothesis is accepted. Therefore, we can say that there is no much relation between the services provided by the company and customer satisfaction in case of Anantha PVC company. But as we can observe the difference value is very less (.007) we can say that there will be little relation existing between offers provided by the company and customer satisfaction. Chi-Square Tests Value df Asymptotic Significance (2-sided) Pearson Chi-Square 31.775a 8 <.001 Likelihood Ratio 30.515 8 <.001 N of Valid Cases 218 a. 7 cells (46.7%) have expected count less than 5. The minimum expected count is .11. INTERPRETATION: From the above chi-square table it is identified that Pearson chi-square value p=31.775 and significant value p=0.001.As the significant value is 0.001 which is less than the level of significance (0.05),the null hypothesis is rejected .Therefore there is a strong impact of customer satisfaction on customer buying decision. Findings of the study: 42.21% of the respondents are getting aware about Anantha pipes through dealers, where 35.32% are from friends/relatives,20.64% from print media and 1.83% through television. 96.78% of respondents are satisfied with the quality of Anantha pipes where 3.22% are not satisfied. 35.32% of respondents rated highly satisfied for CRM practices,32.11% are satisfied,23.85% are average,7.80% are dissatisfied and 0.92% are dissatisfied. 94.49% of respondents say they would like to use more products in future, where 5.51% choose not to use more in future. 50.92% of respondents say that the company collects customer feedback sometimes,36.24% say never and 12.84% actively. 39.91% respondents are satisfied with the services provided by the company,31.66% stated average, 23.85% are highly satisfied, where 4.58% are dissatisfied and 0% are highly dissatisfied. Suggestions of the study: As it is observed that most of the buyers are came to know about Anantha pvc from dealers. So, it is better to concentrate more on other promotional tools. Some of the respondents have complaints with the availability and delivery services. So, the company should try to speed up with the delivery process.
  • 4. International Journal of Trend in Scientific Research and Development @ www.ijtsrd.com eISSN: 2456-6470 @ IJTSRD | Unique Paper ID – IJTSRD51849 | Volume – 6 | Issue – 6 | September-October 2022 Page 213 Most of the respondents feel company should more often collect customer feedback. So, if the company concentrates more on the feedback it will benefit to company. CRM has a wide scope. Follow-up research could focus on a single topic such as data warehousing and data mining for advance. Conclusion of the study: For any company to reach the peak in today’s competitive era, they must use each and every component of relationship management techniques. By the study we can conclude that Anantha pvc is using the Customer relation management in a moderate manner. In summary, we pointed out the CRM implementation strategies clearly and think that when the pipes industry applies CRM, they should enhance establishing organized CRM and senior managers should support this change. Bibliography: [1] Weill, P., “The role and value of information technology infrastructure: some empirical observations,” Idea Group Publishing, Middleton, PA, (1993). [2] Kotler, P., “Marketing Management: Analysis, Planning, Implementation, and Control,” 9th ed., New Jersey, David Borkowsky., (1997). [3] Barney, J., “Firm resources and sustained competitive advantage,” Journal of Management, Vol. 17, No. 1, pp.99-120, (1991).