The technology-driven capabilities of a PIM solution provide a single, centrally controlled hub of product information, allowing companies to consolidate all their product data in one place. The aim is to store and deploy. When used as intended, this ‘golden record’ for every product data entity can be used organisation-wide, and guarantees a single, high-quality… Read More »Three benefits of product data management for manufacturers
For manufacturers, the benefits of implementing product data management systems are various. Below, we focus on some of the most common use cases which highlight why product data management is an essential tool in today’s fast-moving manufacturing environment. Product data and the value chain Manufacturers generate product data at every stage in the value chain.… Read More »Five common product data manufacturing use cases
“By failing to prepare, you are preparing to fail.”Benjamin Franklin, one of the 8 founding fathers of the USA. The technology solution which clients choose for their PIM is important. However, what is more important is the strategy behind the overall goals of this change, and how to measure the progress towards their achievement. The… Read More »Fail to prepare for PIM, prepare to fail at PIM
Establishing the objectives for discovery, design and build of a PIM solution The most crucial phase of a PIM implementation project is how well the first stage, discovery, is executed. Our clients wish to put in place a scalable, flexible and future-proof technology architecture to support their business strategies. That transformative process is only achievable… Read More »The Ins and Outs of a PIM project
For industrial distributors, the current e-commerce landscape offers an increasing number of channel opportunities and ever more targeted and personalised market manipulation. Without PIM, distributors face a significant number of challenges. Not least, the prevalence of enormous product ranges and SKUs with multiple attributes as well as a vast number of diverse partners and suppliers… Read More »Pain points for Industrial Distributors and gains from PIM
A recent report from Shopify highlighted that worldwide revenue from online fashion retailing is likely to rise from just under $500 billion in 2018 to over $700 billion by 2022. The fashion sector is one of the biggest in online retailing and customers certainly have plenty of choice. Simply having a brief product description with… Read More »Pain points for Fashion Retailers and gains from PIM
The drive towards technology-enabled industry 4.0 is revolutionising industrial manufacturing sectors. The importance of leveraging data-driven transformation lies in being able to leverage the emerging opportunities to create added value. Manufacturers ahead of the curve are reimagining their business models to convert themselves into providers of value-added services. Those who aren’t using equivalent power to… Read More »Pain points for Manufacturers and gains from PIM
A successful PIM project requires the best consultory advice and action, a well-matched technology partner and involvement of all your key stakeholders. Unfortunately, many organisations skip steps or fail to take into account the key factors underlying the involvement of the above parties. This article identifies five of the most common mistakes made by retailers,… Read More »The 5 most common mistakes made in a PIM project
What is a taxonomy? Taxonomy is a way of organising large volumes of information in a systematic manner. The aim of any taxonomy system is to make it easy to understand structured and unstructured product data (information) by organising and labelling it. Taxonomies usually work as a hierarchy. In other words, they put products into… Read More »How to manage product taxonomies using PIM
eCommerce customer requirements are evolving fast as retailers, distributors and manufacturers move online. Increasingly personalised shopping experiences are becoming the norm and, as such, the role of product data is becoming pivotal in delivering those experiences – the right information about the right product in a timely fashion. We’ve talked a lot about what a… Read More »PXM vs PIM
Comparing PIM and DAM Digital Asset Management (DAM) and Product Information Management (PIM) are both cornerstones of any retailer or distributor’s eCommerce strategy. The two systems complement each other in providing the best possible product experience for customers who require extensive, attractive and relevant information to inform their purchasing process. Essentially, a DAM system manages… Read More »PIM vs DAM
How can a PIM solution work alongside your ERP? In the current retail and distribution landscape, there are more and more companies fighting fiercely for a share of an increasingly competitive eCommerce market. They will probably be employing an Enterprise resource planning (ERP) suite to manage the complexities of their operations. But are they using… Read More »PIM vs ERP
PIM vs MDM is a frequent dilemma for data officers in terms of their respective uses and applications for organisations. Let’s look at their features and differences between the two to help you make a more informed choice. PIM (Product Information Management) is an area of activity covering the entirety of processes, governance & solutions… Read More »PIM vs MDM: what’s the difference?
Estimating the pricing of a PIM solution falls into the ‘how long is a piece of string?’ question category. Perhaps an exaggeration, but there are a number of variables which heavily influence what your company will pay for a PIM solution. The benefits of a PIM solution are tied to the extent to which it… Read More »How much does a PIM Cost?
What is PIM Software? PIM software consists of a set of tools and processes which manages an e-commerce business’s product information centrally. Its purpose is to guarantee a comprehensive, accurate and single view of product data. A PIM software system uses its centralised platform to manage and organise all product data efficiently. Of particular importance… Read More »Questions to ask when considering a PIM software solution
The current revolution in purchasing habits is being driven by digitisation, which is not only expanding its power in retail markets but also shifting the operating paradigm for FMCG manufacturers. Product data management is becoming key to their success as expectations regarding new product launches, extension of product ranges and time to market are becoming… Read More »Why FMCG Manufacturers should invest in product data management
Focusing on the importance of product information management usually emphasises its importance for marketing – providing high-quality, customer-facing and rich product data for customers and end users, we’re talking about the wide range of information generated about their products. The following list illustrates as such: This list is far from exhaustive, but it indicates the… Read More »Manufacturers: adopting product information management to support digitisation
Figures from numerous sources indicate that over 30% of British consumers are shopping more online now than during the recent lockdown. The message for retail couldn’t be clearer – digital retail is here to stay and being (or becoming) a truly data driven organisation is what will mark the difference during a significant period of… Read More »Manufacturing: the operational environment
The rapid speed of innovation in technological development has been driving exponential growth of a new kind of manufacturing. Industry 4.0. has enabled greater automation of tasks and processes as well as interconnectivity between people, machines and products. Many manufacturers have only just started out on their journey towards use of these ‘smart’ technologies. For… Read More »Why industrial manufacturers should invest in product data management
In recent posts we explored the importance of fast and efficient product data acquisition processes, and how getting them right helps your business improve time to market and customer experience. There has never been a greater imperative to make sure your online product content stands out from the crowd. It needs to be compelling, comprehensive… Read More »Emerging themes in product data acquisition and onboarding