Advanced pim solutions — the next gold rush of enterprises product management

Advanced PIM Solutions — The Next Gold Rush of Enterprises Product Management

Now get the biggest shift impacting and breaking the grounds of ever surging ecommerce market by embracing the new noir and highly advanced technologies of production information management solutions. With your rapidly mushrooming retail business and offerings, if keeping track of product data such as descriptions, pricing information and many more content has been increasingly getting wavering, unwieldy and substantially difficult then probably it’s your peak time to lap the refined solutions of PIM from industry leading PIM manufacturers.

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Magnifying the Emerging Need of PIM Solutions: The Fact-Check Hard to believe but true•$40 billion in sales, or 3.5%, are lost each year due to supply chain information inefficiencies.

•When it comes to products, companies spend an average of 25 minutes per SKU per year cleaning out and syncing old information and for new products; it takes an average of four weeks to launch the offering. The time may even rise, get a crosscheck.

The quest that makes a silent arrival between such hard-hitting facts is- what are the pitfalls that lead to alarming discrepancies in the supply chain management SCM? Here’s a rundown list: •No supply chain strategy •Inaccurate delivery data •Inefficient information systems •Inefficient information systems •Ignoring the impact of uncertainties •Discrimination against internal customers •Incomplete analysis of shipment methods This presentation is brought to you by EnterWorks.com

•Poor coordination and organizational barriers •Product process design without supply chain consideration •Separation of supply chain design from operational decisions See also: Key to Supply Chain ROI: Implement Visibility to Remove Inefficiencies This presentation is brought to you by EnterWorks.com

Solutions to Overcome the Bugs in SCM- The Role of PIM as a Stepping Stone:

Getting to the answer requires retailers and manufacturers to take a broader, more strategic perspective of supply chain management, one that goes beyond defining supply chain excellence only in terms of cost reduction and control. More than ever before, excellence in supply chain management — especially in logistics functions — is about driving revenue growth, capturing market share, and enhancing customer satisfaction and loyalty.

Product Information Management Software helps retailers in solving problem throughout the supply chain. The software can also be used to optimize product assortments, get products on to store shelves faster and support omni-channel initiatives.

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A PIM solution promises to extract processes for the aggregation, maintenance, and syndication of product information from legacy applications including ERP and core merchandising products.

It makes all product information available from a central point in a reliable, meaningful and timely way to people, processes and applications that rely on it. In a nutshell, for any product centered company, PIM solutions are the water and oxygen of supply chain management. Just like human life can’t exist without water and oxygen, neither can supply chain excellence without robust and accurate PIM solutions.

Brand-Watch: PIM for retail, PIM for distribution, PIM for manufacturing markets are soaring. Take a plunge and grab a lucrative business out of it.

This presentation is brought to you by EnterWorks.com

EnterWorks

Deliver differentiated experiences across your content value chain with EnterWorks, your Product Information Management provider. www.enterworks.com

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This presentation is brought to you by EnterWorks.com