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Connecting Product Information Management
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Transcript of Connecting Product Information Management
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
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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
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www.ventanaresearch.com