Benefits of PIM

Sub Verticals

Omni-Channel Retailing

For Buyer

For Planner

For Category & E-Commerce Manager

Daily Challenge of a “Buyer” in Retail World to streamline the procurement process and enhance the control over the supply chain management

(A) Collaboration with Vendors

  • Sort through large amounts of data that come from different internal and external networks (ERPs, social media, emails, IoT) to find the relevant product data which can aid them in deciding whether to onboard a supplier or not
  • Manage current stock and product data across locations from various suppliers (master data can include: SKUs, UPCs, purchase order, shipping details, receipts, invoices, credit/debit notes, stock levels, assortment effectiveness) [3]
  • Simplify collaboration with a large number of suppliers
  • Anticipate problems in the supply chain using advanced analytics tools

    (B) Vendor Scorecarding

  • Assess the suitability of a product for their brand (performance, logistics) from different suppliers
  • Measure performance metrics, KPI’s, for different vendors supplying similar products

    (C) Manage Digital Assets

  • Handle photos, videos and documents coming from multiple vendors across products.
  • Associate variety of assets with the corresponding products in the system.

For (A) and (B) –

Vendor Data Onboarding Solution helps buyers to collaborate with vendors & asses their performance. The solution automates the product data onboarding process and creates rich content while reducing the time-to-market for New Product Introductions (NPIs).  

Read more about the Vendor Data onboarding solution and how Riversand is solving it.

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For (C) –

Digital Asset Management Solution supports Buyers with the production of digital assets to improve the brand consistency, reduces the cost of creating product content and increases the odds of a successful marketing campaign.

Read more about the Digital Asset Management solution and how Riversand is solving it.