When it comes to managing data, manufacturers have a lot of complexities to deal with. They generally work with large product catalogs, and with large internal teams spread across various areas, they can often struggle to manage the scale of digital and eCommerce workloads. Up until recently, manufacturers have tended to manage their product data… Read More »How PIM solves Manufacturing problems
What makes digital transformation more critical now for retailers? Post-pandemic trends among retailers show a large rise in adoption of digital technology for eCommerce. Online shopping has increased at double the speed predicted in 2019, which makes the issue of digital transformation imperative for retailers to address, to shed legacy practices no longer fit for… Read More »Developing a strategy for Retail Digital Transformation
According to multiple industry studies, more than a third of all product information has a minimum of one mistake. Converted into business performance deficits, which means an over 30% chance of losing customers, misprocessing that information and, in the end, losing revenue. That’s why a plethora of software systems have grown to match the exponential… Read More »The Difference Between a PIM Tool and Inventory Management Software
In today’s crowded ecommerce marketplace, consumers have more options than ever before and they seek out detailed product information before they make a purchase. An effective PIM strategy can help your brand stand out on the digital shelf by ensuring accurate and up-to-date product data, while also boosting efficiency and team collaboration. We join Beth… Read More »WEBINAR: Why a PIM solution is essential for your ecommerce strategy
eCommerce has grown into a sophisticated range of business models in the 21st century and with the recent pandemic driving multitudes online to do their most basic of purchases, it is only destined to advance at an even greater rate from now on. But why have we taken to it like ducks to water? We… Read More »Benefits of eCommerce
What is inventory management? Product inventory management is the business activity connected to ordering, stocking, and using products and materials. There are different types, such as raw materials, cycle inventory and MRO goods, and prioritising inventory helps companies control what and when they need to manufacture or order to fulfil ongoing customer demand. It’s a… Read More »Product inventory management: How does it work?
SKU stands for “Stock Keeping unit”, represented as a number used by retailers to differentiate individual products and track inventory levels. It typically consists of a chain of eight alpha-numeric digits, and each product receives a different number based on various factors – price, type, manufacturer, style, size, and colour, to name a few common… Read More »SKUs in Retail
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
