A product information management (PIM) solution centralizes product and vendor data from multiple sources, removing conflicts, and increasing transparency. A centralized source of truth for product data boosts cash flow and increases customer satisfaction by eliminating delivery delays, costly returns, and unnecessary burdens on customer service teams.
How Product Information Management Increases Sales Revenue
Data stored in most ERPs are typically not customer-centric because custom product databases and spreadsheets prove costly to maintain over time. As part of your digital transformation initiative, a PIM system consolidates all product data into a single source of truth.
As your product offerings grow with your business, the number of channels using that data also grows; from ERP’s to print to eCommerce, Amazon, and product data feeds.
The most cost-effective way to increase the quality of your product and digital asset data is to implement PIM, which is a master data management (MDM) solution. Our experts help you select a solution that provides flexible data models, data governance, data quality validation and completeness rules, workflow management, integration and syndication capabilities. Using a PIM solution ensures that all your product data is standardized and centralized into one single source of truth, ensuring consistent customer experiences across all sales channels.