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Product Information Management (PIM) Challenges & How to Overcome Them
Consumerism is at its peak today. Be it any industry, any category, or any geographical location, there is a deluge of products. Although it's important to keep pace with the ever-increasing demand for new range of products, it is also critical for businesses to efficiently manage and disseminate their product information.
Unlike conventional selling in stores, digital retailers relentlessly rely on the product's information displayed on the web pages. Needless to say, it becomes critical for retailers to ensure that their product pages across all channels are continually furnished with correct and up-to-date information in the most convincing and intuitive way possible.
It's almost impossible to achieve this integrity and agility in distribution of product information without an efficient product data management system in place. Given the enormity of product catalogs, vendor multiplicity, and complexity of product details, the challenges of managing product information can be multifold. Identifying and addressing each of those challenges will help establish an effectual PIM system that can boost a company's growth and success.
Here, we've listed the PIM challenges with ways to overcome them, which can assist you in creating a framework of your unique challenges and a road map to eliminate each. For more info you can also visit website - https://syncrasytech.com/
Posted on Dec 03, 2019
Product information management (PIM) means managing the information required to market and sell products through distribution channels. A central set of product data can be used to feed information to media such as websites, print catalogs, ERP systems, and electronic data feeds to trading partners.
PIM systems generally need to support multiple geographic locations, multi-lingual data, and maintenance and modification of product information within a centralized catalog. Information kept by a business can be scattered throughout departments and held by employees or systems, instead of being available centrally; data may be saved in various formats, or only be available in hard copy form. Information may be needed for detailed product descriptions with prices, or calculating freight costs. PIM represents a solution for centralized, media-independent data maintenance, as well as efficient data collection, management, refinement, and output.
Posted on Mar 30, 2017
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Posted on Jan 02, 2017
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