MDM PIM: Product Information Management: E-commerce Strategies

In a recent analyst insight published on SupplyChainBrain.com, “there are three important areas in which retailers can improve their supply chains and reach future success as consumer confidence returns”: reducing costs, reducing inventories, and reviewing and realigning logistics networks.  A master data management platform can help achieve all three of these goals:

Product Information Management

Product information management is a platform for an enterprise for active management of all product data in the supply chain.

PIM speeds oversight of product data quality by internal and external owners of product data. Product data is made accessible to all value chain participants where and when it is needed.

Multi channel sales are mobilized, optimized and fueled with near real-time product information.

Pricing and promotion automation blasts new wave of profits for brilliant retailers.