what is product information management?€¦ · trusted product content for unified commerce,...
TRANSCRIPT
What isProduct InformationManagement?
www.riversand.com
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
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
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
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
06
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
07
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
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
09
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
10
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
Seeing is Believing
Schedule a Demo Call: +49(0) 211 781 780-0
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.
riversandmdm
riversand
riversand