connecting product information management
DESCRIPTION
The concept of product information management (PIM) is simple: It is the people, processes, information and technology used to manage all product information. PIM supports the goal of increasing sales and improving the customer experience.TRANSCRIPT
The concept of product information management (PIM) is simple: It is the people, processes, information and technology used to manage all product information. PIM supports the goal of increasing sales andimproving the customer experience.
connectingproductinformationmanagement
44%
94%
84%
PIM is a Business ProcessOne in three are dissatisfied with the PIM processes that support their business.
of organizations indicate a dedicated PIM approach can help increase sales and the value of products.
The Right Technology Helps use spreadsheets to support PIM and more than half (56%) frequently find errors.
Dedicated approachthrough a single PIMsystem has eliminatederrors and mistakes in90% of organizations.
Tools to Get the Job DoneChoose tools that address theresource gap and empowerbusiness not just IT. 1/3of organizations cited thelargest barrier to improvingPIM is lack of resources.
of organizations that manage their product master information in a dedicated PIM environment are satisfied with their PIM processes.
Benchmark research sources: Product Information Management Benchmark Research
Sponsored By:
www.ventanaresearch.com