The borderline between professional and personal consumption is blurring. At the same time products designed for professionals and corporate clients are increasingly being used by individuals because of lowering prices and imprved ease of use, and more and more often high-quality consumer goods are utilized for professional goals. We observe the Read more…
Sometimes we are confronted with the fact that manufacturers don’t open all the details about their product to the clients, don’t provide any product specifications that reflect products properties and characteristics at open access. Typically, the reasons for such secrecy is: manufacturer beleives that customers don’t need product information (before they buy Read more…
We have just discovered that the manufacturer is not always the best expert for the category. It might seem obvious that a producer knows everything about his product. Who can define product attributes better than an expert from the company producing the product? But there is a trap for the Read more…
Principles behind Social Product Information Management: Product categories and attributes created by experts, anyone who has knowledge and expertise can contribute. Social network is behind every action and information about an author of the information is open and available. Everyone can create a product using the product category attributes. Uniqueness and Read more…
Technology advances in connectivity and devices have changed the way we access and consume information. Companies are faced with a unique challenge of aggregating content from thousands of suppliers using disparate formats and processes into one user-friendly catalogue. Then the challenge of providing customers with rich product information that is Read more…
Today many businesses are launching cost reduction initiatives. Procurement optimizations has a significant cost-saving potential. Procurement consolidation, contract management, category management and other initiatives need special tools. It is required to ensure purchased products data quality too conduct spend analysts and support the consolidation. Actualog supports cost-saving initiatives in global Read more…
The Master Data Management world stands on two pillars: Party Data Management and Product Information Management. There are specific solutions designed to manage customer data or products information. In fact, Most MDM initiatives are focused on a single type of Master Data. The most common areas are Party Data Integration (including Customer Data Read more…
How many different products are there in the world? To answer the question we have to define what the product is. It is not easy taking into account that some products might have different modifications. If we put the same clips into the big and the small box, will it Read more…
