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
If you’re in retail today, the chances are you’re feeling the pressure. It’s a constantly evolving industry and needs a new set of skills to keep up with developments. Long gone are the days of just relying on a couple of physical shops, with a few employees to staff and run them. Retailers need to… Read More »The Impact of PIM on Customer Experience in Retail
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 retail industry is in flux, as digital commerce beds into a sector previously driven by physical shopping. To keep up with this rapidly changing ecosystem, you need a strong supply chain that can adapt quickly to changes in demand and supply. Part of this requires top-quality data management, still often lacking in even large… Read More »The Importance of Supplier Data Onboarding in the Retail Industry
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 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
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
Integrated Product Information Management refers to an interconnected PIM software suite for managing product data which can communicate and act seamlessly with all other elements of a company’s business software systems. As a centralised hub, PIM stores and uses complete, accurate, up-to-date product information on every product for sale. and modern PIM solutions offer highly… Read More »What is integrated product information management?
What you will learn Speakers Luke Cutforth Head of ESGProgrammes RS Group Manish Ranpura Lead Business Consultant Start with Data
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Manufacturing has undergone great change in recent years, largely due to the pandemic, geopolitical and military events, and industry disruption through the growth of digitisation – all together, a potent and potentially problematic combination if not managed systematically. Disruption has included shortages of containers, supply chain instability, port congestion (with the resulting backlogs), labour shortages,… Read More »Key product data trends in manufacturing
A PIM revolutionises the way you manage your products. From providing a centralised hub for high-quality product data, to creating excellent customer experiences to gains in efficiency and productivity, it is a powerful tool. But regarding implementation, a PIM platform is hardly Microsoft Office365. Without the people power and finances to fund developers and other… Read More »PIM consultancy VS In-house implementation
A product data management (PDM) platform is a centralised software system to store all information related to a set of products. This platform supplies all other systems across the company (such as ERP, logistics and warehousing or an eCommerce platform) with the information they need about products. The product data can be deployed for multiple… Read More »Building a Product Data Management platform business case
First movers on the digital shelf in manufacturing brands, retail and distribution are already doing this, so digital shelf analytics are an absolute must to compete in equal conditions. The right analytics provides the information required to make the changes which help to leverage opportunities or remedy a poorly-performing shelf. Without the plan, the mindset… Read More »Digital shelf analytics: what you need to know
Online sales have grown in all areas since the pandemic and this trend is becoming embedded in B2B commerce as well as B2C. The fact is that most distributors are lagging in getting their product catalogs fit for the 21st century. The challenges they face range from product data governance to catalog management, expanding to… Read More »How PIM solves distribution problems
The end game of product information management is the business discipline of providing customers with a seamless, omnichannel product experience across multiple sales channels. Of primary importance is consistent information, obtained by aggregating all existing and incoming product information you have into a single storage hub. That means elements like product descriptions, and related files… Read More »Understanding the basics of B2B product information management
Database normalisation is the business process of structuring a relational database in line with a series of ‘normal’ forms to minimise data redundancy and enhance overall data integrity. Put simply, it means that you carry out a process of eliminating errors, discrepancies, and duplicates among stored and collated product information. How? By analysing the information… Read More »The importance of database normalisation
When you want to build a house, it isn’t wise to simply cement together some bricks to build the walls, put on a roof and then decide how you want to divide up the useable space inside. Your building is flimsy and doesn’t even have any foundations. It’s not fit for purpose. It’s also likely… Read More »Product information management architecture
The endgame of any digital transformation strategy is to equip the business with the tools needed for the fast-evolving world of digital commerce –strengthen its business performance and enhance customer experience (external and internal business users). Companies can find this multifaceted challenge a daunting prospect, hence the need for consultancy services. Product information management is… Read More »The role of PIM consulting in digital transformation