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» Solutions »
PIM for Suppliers
» The Challenge |
| PIM
for Suppliers |
The Riversand Product Information Management (PIM) Solution
for Suppliers provides a collaborative solution for
the Engineering, Sales, Marketing & eCommerce teams
within an enterprise to rapidly and efficiently publish
product information to customers and channel partners.
This results in faster time-to-market, increased order
accuracy and enhanced customer experience. |
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| The
Challenge |
Manufacturers
and distributors must provide accurate, detailed and
up-to-date product information to their customer and
channel partners. The rapid growth of the Internet and
online commerce represents a significant new opportunity
for companies to promote their products and reach new
customers. Traditional channels of print catalogs and
datasheets continue to be relevant to the business.
It has thus become imperative for suppliers to cost-effectively
manage demands across both their print and online channels.
Product information in many companies today is set-up
and managed in multiple “silo”ed systems,
across the enterprise and even across geographies. This
results in data inconsistencies and significant extra
costs incurred in setting up product information for
use throughout the enterprise.
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| Summary
of key challenges |
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Multiple
product data sources: Proliferation of
disparate content sources, applications, projects,
tools and processes across the enterprise. |
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Multiple channels:
Syndicate and ensure brand-consistency across
multiple channels such as corporate websites,
e-commerce systems, portals, marketplaces &
print collateral. |
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Multi-region coverage:
Localization needs such as multiple languages,
different currencies, different classifications
and customer specific pricing. |
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Diverse/emerging
data interchange standards: Evolving
standards, pose a significant challenge to the
manufacturer to stay current and compliant. |
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Data inaccuracy:
Manual processes, and multiple processes for data
processing, routing and syndication leads to substantial
data inaccuracies. |
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Exploding volumes
and "Dirty Data": With mergers
and acquisitions, the number of data sources increase
exponentially. The massive volume of product data
changes frequently, resulting in unreliable, “dirty”
product data. |
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