SALES FORCE ALLOCATION IN BANKING SECTOR
Abstract
Sales force deployment involves the simultaneous
resolution of interrelated sub-problems like sales force sizing, sales
representative location, sales territory alignment, and sales resource
allocation. As
the sales force size increases, the number of accounts to be visited increases
that yields to a positive effect on sales rates but also an increase in
operational costs. Therefore, the alignment decisions are vital for all issues
such as the number of outbound calls to accounts, the operational expenses, and
the sales representative asset (time) that might be allocated. All sub-problems have to be resolved in order
to maximize the profit of the selling organization. In this paper, sales force allocation problems in the literature
are examined and approaches to similar problems are compared. A non-linear
mixed-integer quadratic programming model is formulated for sales force allocation
in banking sector. And a heuristic approach is developed for big size
problems. The
comparison of approaches is reported.
Keywords
Kaynakça
- [1] HESCHEL, M. S., “Effective sales territory development”, J. Marketing, 41(2), 39-43, 1977.
- [2] SHANKER, R.J., TURNER, R.E., ZOLTNERS, A.A., “Sales Territory Design: An Integrated Approach”, Management Science, 22, 309-320, 1975.
- [3] SEGAL, M. & WEINBERGER, D. B., Turfing. Oper. Res., 25, p. 367–386. 1977.
- [4] ZOLTNERS, A. A., SINHA, P., “Integer Programming Models for Sales Resource Allocation”, Management Science, 26, 242–260, 1980.
- [5] BESWICK, C. A., “Allocating Selling Effort Via Dynamic Program”, Management Science, 23, 667-678. 1977
- [6] ZOLTNERS, A. A.,CHONG, P. S. C., “An Optimal Algorithm for Sales Representative Time Management”, Management Science, 25,1197–1207, 1979.
- [7] GLAZE, T. A., WEINBERG, C. B., “A Sales Territory Alignment Program and Account Planning System (TAPS)”, R. P. Bagozzi ed. Marketing Science Institute, Cambridge,MA. Sales Management: New Developments from Behavioral and Decision Model Research, 325-343,1979.
- [8] DREXL, A., HAASE, K., “Fast Approximation Methods for Sales Force”, Management Science, 45(10), 1307–1323,1999.
Ayrıntılar
Birincil Dil
İngilizce
Konular
Endüstri Mühendisliği
Bölüm
Araştırma Makalesi
Yazarlar
Buket Begüm Semercioğlu
*
Bu kişi benim
0000-0002-4368-3660
Türkiye
Serol Bulkan
Bu kişi benim
0000-0002-4815-4389
Türkiye
Yayımlanma Tarihi
20 Temmuz 2018
Gönderilme Tarihi
11 Nisan 2017
Kabul Tarihi
13 Eylül 2017
Yayımlandığı Sayı
Yıl 2018 Cilt: 7 Sayı: 2