What is DAM? Data asset management is more commonly known as Digital Asset Management (DAM) – the set of processes which store, organise, secure, and share digital assets for a business. Digital Assets include a wide range of media types and documentation – videos, audio files, animations, interactive ads, spec sheets, to name a few.… Read More »Digital Asset Management
In this comprehensive guide, we dive deep into the process of Product Information Management (PIM) implementation. Offering a detailed roadmap for successful PIM execution, this article provides insights on methodologies, potential challenges, and strategic solutions. Learn how to streamline your product data management, enhance data quality, and ultimately drive more sales and elevate your customer… Read More »How to Implement a PIM system – The Ultimate Guide
In the swiftly changing retail landscape, brands are increasingly harnessing the power of emerging technologies, such as Artificial Intelligence (AI), to streamline operations and augment their competitive edge. From inventory management to customer service, AI is making a significant impact on Product Information Management (PIM) processes, transforming how retailers connect with customers and enhancing overall… Read More »Understanding the role of AI in PIM for retailers
In terms of advances in technology, operators in digital commerce have never had so many opportunities. Vendors of product information management software have expanded the range of capabilities for offering excellent product experiences to raise conversion rates and expand the customer base. However, without the help of a dedicated product data management system like a… Read More »How PIM solves Retail problems
As more product-related data is available for retailers and distributors, manually managing this volume is becoming unmanageable for businesses which want to be truly competitive in crowded digital markets. That’s why Product Information Management (PIM) systems have become a go-to solution for agile management of large amounts of product data. However, replacing a legacy system… Read More »5 Common PIM Mistakes to Avoid for Retailers and Distributors
The modern business environment is fast paced, with the imperative being to get your products to market as fast as you can in order to compete effectively in crowded markets. This speed, plus innovations in the capabilities of technology has meant that supply chains have become more complex and data-driven than ever before. The supply… Read More »How to Build a Data-Driven Supply Chain with PIM
In today’s digital age, businesses rely heavily on online channels to reach their customers. With the increasing number of products and services being offered, it can be challenging to manage all the information and digital assets associated with them. This is where Product Information Management (PIM) and Digital Asset Management (DAM) come in. PIM is… Read More »PIM and Digital Asset Management: Best Practices and Use Cases
In the era of data-driven decision-making, businesses face a critical choice: Which platform will empower them to harness the true potential of their information? Enter the battle of the acronyms: PIM vs. MDM. But fear not! We’re here to help you navigate this digital terrain and make a savvy choice that aligns with your unique… Read More »Selecting the Ideal Platform for Your Business
In today’s digital world, businesses are collecting more data than ever before, because there is simply more available and more required (as ESG assumes greater importance). This data is critical to making informed decisions and driving business growth. However, managing this data Product Information Management (PIM) solution comes in. A PIM helps businesses manage their… Read More »The Importance of Data Mapping in PIM
We spend countless hours visiting all kinds of sites, be they search engines, social media, sales platforms, websites, or news sources. When researching products, we will typically go to marketplaces, social media apps or comparison sites but the most notable growth area in eCommerce is D2C, using dedicated apps or sales platforms hosted by the… Read More »An overview of the best eCommerce platforms for manufacturers
A rapid increase in accessibility, ease of transaction, a vast range of products, personalised offers, absence of physical constraints makes online shopping highly attractive, for businesses and customers alike. Even though many of the same challenges as in physical commerce exist, selling online is not only very accessible, but a great opportunity to sell into… Read More »Selling products online: how to do it successfully
eCommerce has become an integral part of our lives, whether it is shopping for food, buying tickets online, getting the latest smartphone or researching, selecting, and ordering large items like white goods or furniture for our homes. The relationship between buyers and sellers is becoming closer as the tools for enhancing the product and customer… Read More »Advantages and disadvantages of eCommerce for businesses and Consumers
Stock control is a process used to maintain the suitable quantity of stock for a business to be able to meet customer demand without delay, at the same time as minimising as far as possible the costs of holding stock. Stock control exists to ensure a business always has enough stock for customers. Of course,… Read More »A Guide to Stock Control; How to Improve It
Three in every ten pounds spent in the UK is spent online and international sales push that figure even higher. Unsurprisingly, since the pandemic the number of e\Commerce businesses has shot up 50%. If you’re one of those companies yet to take your business to the next level by establishing an online store, it can… Read More »The best eCommerce platforms
Data migration is the set of processes required to transfer data from a legacy data management system to a new system. In terms of product information management, these processes require profiling, selecting, preparing, extracting and transforming before loading to the new system and carrying out post-migration standards verification. What is a data migration plan? The… Read More »Data migration plan: verifying prerequisites for Data Migration
Ninety percent of start-ups in eCommerce go under within the first quarter. This stark statistic is due to numerous factors – slow page load speed, poor SEO searchability (insufficient relevant keywords), or lack of smartphone user-friendliness to name three. Failure is not an option nowadays, so choosing the most suitable eCommerce solution for your business’s… Read More »eCommerce solutions for small businesses
As modern omnichannel ecommerce becomes embedded in our purchasing habits, the need to offer customers an engaging and persuasive experience across all the channels you use requires a seamless consistency in the product information you provide at every touchpoint. Cross-departmental teams who collaborate seamlessly — sharing data and expertise as and when needed, work more… Read More »The role of PIM in promoting collaboration
“People look at supply chain in pieces and it has to be looked at holistically. The way to truly analyse supply chain is {from} point of order to point of fulfilment and doing that in as lean a way as possible.” Karl Glassman, Chief Executive Officer, Leggett & Platt (diversified designer and manufacturer of engineered… Read More »Product information management in supply chain
Retailers, brands, manufacturers, and distributors are at the sharp end of an ongoing transformation in eCommerce. Technology-enabled capabilities are driving behavioural change among purchasers, so industry players are compelled to respond. To have a realistic chance of competing, digital transformation is no longer a choice of destination, but a necessity. That destination is in flux… Read More »Start your digital transformation journey with PIM
In this day and age, onboarding, processing, enriching, and distributing product information is still a time-consuming, frustrating, and never-ending affair for the majority of product-centric companies. If that’s what you’re doing at present, warning bells should be ringing – it doesn’t have to be like this! When should you implement PIM for your eCommerce business?… Read More »Is it ‘PIM time’ for your eCommerce?