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Page 1: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

What isProduct InformationManagement?

www.riversand.com

Page 2: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

02

CONTENT

03 What is Product Information Management?

05 Why Should you Invest in a PIM solution?

06 Why you should move to a Product Information Management Solution?

08 Be ready to Connect to other Technologies and other Data Domains

10 Riversand Product Information Management Solution

Product Information Management © 2019 Riversand. All Rights Reserved

Page 3: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

What is Product Information Management?

Product Information Management (PIM) is an application that provides

trusted product content for unified commerce, relevant product

information for micro-segments and product insights for improved

customer loyalty. A PIM solution aligns the digital transformation

imperatives of an enterprise by improving operational excellence and

engaging with the customer throughout their purchase lifecycle.

A PIM solution

Accelerates new product introduction

Improves sales by providing the right product for the right

customer at the right time

Reduces supply chain costs and identifies bottlenecks through

better reporting

A PIM solution keeps all business users on the

same page throughout the entire application

ecosystem by connecting with data pools, vendor

data, marketplaces, eCommerce platforms and

Digital Asset Management solutions.

Product Information Management 03© 2019 Riversand. All Rights Reserved

Page 4: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

You need a PIM solution if you want to:

Simplify and automate aggregation of product information from multiple sources

Maintain trusted and rich product data throughout your enterprise

Maintain consistent real-time data across your enterprise, Marketplaces, and data pools with ease.

With a PIM solution you can:

Focus on what matters most – drive revenue by customer obsessed product innovation

Achieve strategic agility by using product data as an asset

Be ready to connect to other modern technologies and other data domains

04Ascend PIM © 2019 Riversand. All Rights Reserved

Page 5: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

What is product Information Management? 05

Why Should you Invest in a PIM solution?

Providing trusted, relevant and insightful product data is one of the fundamental strategic imperatives for enterprises.

Consumers rely on rich product content and detailed product information

to make purchase decisions. Business leaders depend on PIM solution to

provide rich, complete and accurate data to take key data-driven

decisions on how to procure, sell and market products.

As a result of increased information demands, the need for product data

accuracy and consistency is a necessity. A PIM solution is core to

providing this rich Product Data Experience.

Henrique BonorinoCIO / Saint Gobain Abrasives

Product Information Management © 2019 Riversand. All Rights Reserved

Page 6: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

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Why you should move to a Product Information Management Solution?Beyond information, customers are looking at how other customers are rating products

and reviewing them. Today, it is not enough to just provide rich information, customers

are expecting companies to provide contextual, and consistent product information on

all points of access throughout buy-lifecycle of a customer. Enterprises need to rethink

how to discover, manage, govern, and analyze data, transactions, interactions, and

policies.

PIM is no longer just about Product

Information Management, but also

Product Intelligence Management and

Product Insights Management.

With a PIM, you can

Achieve Strategic Agility by using Product Data

as an Asset

Focus on what matters most – Drive Revenue by

Customer Obsessed Product Innovation

Be Ready to Connect to other Modern

Technologies and other Data Domains

Product Information Management © 2019 Riversand. All Rights Reserved

Page 7: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

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Achieve Strategic Agility by using Product Data as an Asset

Focus on What Matters Most – Drive Revenue by Customer Obsessed Product Innovation

PIM facilitates a data-driven decision-making model that helps companies

to innovate by incorporating the customer feedback into their product

introduction cycles. PIM helps enterprises reach new markets and improves

customer loyalty by providing the right product for the right customer at

the right time. PIM improves the bottom line by accelerating New Product

Introduction (NPIs), reducing marketing costs, identifying risks and

preventing the potential problems in the supply chain.

The increased global competition calls for agile business

structures which are flexible enough to bend and adapt

to the frequent changes in business strategy. PIM equips

businesses with a streamlined data flow which is crucial

for a complete digital transformation.

Read how you can achieve Corporate agility through

with a Modern PIM

Traditional PIM solutions offer a single source of truth for product

master data. In the current age, it is becoming essential for PIM

solutions to be the single source for all product information,

across the enterprise. The data may be stored and managed in

different systems, but the answer lies in creating a consolidated

data repository with scalable services layer on top.

Read about the three aspects to consider in a PIM solution

Product Information Management © 2019 Riversand. All Rights Reserved

Page 8: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

08

Be Ready to Connect to other Modern Technologies and other Data Domains

Characteristics of Riversand PIM

A PIM application sitting on top of a robust MDM platform enables you to

connect other data domains and other technologies. Future-ready data

management solutions augment base PIM capabilities by not only connecting

to marketing, content management, digital asset management solutions but

also allowing businesses to achieve company objectives by becoming more

data-centric than application-centric..

Riversand PIM (Product Information Management)

solution moves products faster and improves customer

experience by providing

Trusted product content for unified commerce

Relevant product information for micro-segments

Product insights for improved customer loyalty

Riversand PIM is built on technology to align

product information management with

business strategy and provide better user

experience to efficiently manage, govern, and

analyze your product data. Riversand PIM

increases New Product Introductions (NPI),

reduces NPI timelines and helps you achieve

quicker Time to Market for Catalogs and

Merchandising Strategies.

Built for your future growth

Riversand PIM is an app that sits on top of our

future-ready MDM platform. Riversand PIM

orchestrates product information across

enterprise systems and provides the foundational

product data at both digital and physical

touchpoints for your customer through their

search and purchase lifecycle. You can connect to

other data domains through the common MDM

platform layer.

Connected to other domains

Riversand PIM solution integrates with our

Vendor data onboarding solution, Digital

Asset Management solution, and our Print

solution. Out of box connectors with

marketplaces, data pools, and eCommerce

platforms helps you move product data faster

to your customer.

Integrated end-to-end Solution

Product Information Management © 2019 Riversand. All Rights Reserved

Page 9: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

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Differentiated Value You Gain from a Riversand Product Information Management SolutionPIM’s extensive benefits are:

Synchronizes product information across

the enterprise and with Publishing tools,

ecommerce and marketplaces to speed up

the process of bringing new products.

New Product Introductions (NPIs)

Riversand Product Information Management

(PIM) provides a collaborative solution which

handles the management of product data across

all the enterprise processes.

Through high-quality product information,

digital assets, intuitive search & navigation

menus across omni channel touch points.

Superior Customer Experience

Eliminates manual processes, integrates

and synchronizes product information

across multiple ERPs, reduces data

complexity, and increases transparency.

Boosts Operational Efficiency

Onboard data from multiple sources

and syndicates it to industry standard

data pools/exchanges such as GDSN,

1WorldSync, and GXS.

Data Syndication

Respond to the consumer’s demand

for more information and more

products easily.

Scale Content Production

Vendors can quickly upload and

validate product data through a

simplified self-service interface

Expands the product catalog

Product Information Management © 2019 Riversand. All Rights Reserved

Page 10: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

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Riversand Product Information Management SolutionRiversand Product Information Management (PIM) is a cloud enterprise solution with essential functionalities that make PIM the leading

choice for companies worldwide.

Automate the data management process by configuring business rules and

supporting both new & predefined or serial & parallel workflows.

Workflows

Simplifies the product relationship management process and supports the

marketing and supply chain initiatives.

Relationship Management

Includes bulk editing, business rules to prevent errors and SKU

Proliferation for the quick manipulation of data entities.

Productivity Tools

Configure business units, divisions, markets, stores, and associated activities

to reflect the desired business structure.

Organizational Management

Create, modify, and explore entities and variants.

Entity Editor

Product Information Management © 2019 Riversand. All Rights Reserved

Page 11: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

Seeing is Believing

Schedule a Demo Call: +49(0) 211 781 780-0

Page 12: What is Product Information Management?€¦ · trusted product content for unified commerce, relevant product information for micro-segments and product insights for improved customer

powered by mVISE AG | [email protected] | www.mvise.de/riversand-pim

Riversand cloud-native master data management solutions are designed to support

customers’ digital transformation journeys through improved business agility, faster

adoption and improved collaboration across the enterprise. Riversand has a vision of

helping companies know their customers better, move products faster, automate

processes, mitigate risk and run their businesses smarter. Our customers, partners

and analysts recognize us as a trusted partner, visionary and a leader.

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