For product managers, product information management systems, or PIM system, have the potential to address a variety of pressing problems for a business.
In addition to the fact that these systems make manual product information management scalable, they also increase effectiveness, streamline operations and help you learn how to manage product data more efficiently. This in turn boosts accuracy, helps cut down on missing data and helps you repeat tasks in a fast and functional way.
Here are the top three problems a good PIM system could solve for you as a product manager:
1. Difficulty Scaling Manual Product Information
Without a good PIM system, manually managing product information across systems and divisions in the company is difficult or even impossible to scale, eventually resulting in troublesome errors.
However, scalability becomes simple with the best PIM system, and avoiding errors and problems becomes much easier. This in turn allows you to manage e-commerce product data as a company grows, just as it ensures that you're streamlining your operations across all facets.
2. Lifecycle Inefficiencies
Today, the product life cycle is generally getting shorter due to the pressure to get new products to market faster. The shorter the product life cycle gets, the more important effective product information management becomes.
With a PIM system for e-commerce companies, effective product information management is simple. Since PIM systems manage e-commerce product data seamlessly and efficiently, they reduce much of the manual burden for product managers and help to ensure accuracy and efficiency across the board. They also reduce the time you'll spend manually copying and pasting information from spreadsheet to spreadsheet, and minimize the requirement that you oversee your own collection of product data.
3. Product Information Exchange Difficulties
Today, modern product managers need to exchange information with a large selection of suppliers, partners and other vendors. If this information exchange isn't supported by a streamlined system, it develops into a great deal of manual work.
PIM systems make it easy to manage product data in Dynamics NAV, Dynamics AX, Dynamics 365 and other ERP systems , distribute and exchange e-commerce product data, and facilitate multi-channel marketing product data sharing. When you overcome the difficulties associated with sharing product data, you'll find it becomes much easier to facilitate streamlined sharing and ensure accurate transmission of information.
The Case for Investing in a PIM System
Today, product managers have more than enough to consider, without having to worry about manual information sharing and how to manage data effectively without the proper tools.
After investing in a PIM system, the days of cutting and pasting information into various spreadsheets, manually updating SKUs and correcting product data across various locations can come to an end. What's more, since PIM systems are designed to integrate with existing systems, including ecommerce platforms, product data plugins, and marketing platforms, they can help product managers work more efficiently, without the requirement that they restructure the foundation of operations.
By combining technology with intelligent design, modern PIM systems help project managers do better work without exerting additional effort. Built-in automation and intuitive processes cut down on errors and ensure accuracy while efficient tools slash manual efforts and make the job of the project manager easier and more streamlined than ever before.
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By Perfion. - September 2017