PIM

Attribute-Based-Procurement

How Cataloging Standards Elevate Corporate Procurement Efficiency

What is Attribute-Based Procurement? Attribute-based procurement leverages detailed product attributes for more precise, strategic purchasing decisions. This approach allows companies to navigate procurement with precision, offering substantial operational advantages. Key Benefits of Attribute-Based Buying Implementation Challanges Modern competitive landscapes demand that enterprises not just adapt but innovate. As such, evolving Read more…

By Kate Koltunova, ago

Actualog Social PIM: Стандарты и ИТ-платформы параметрических закупок

Как стандарты в области каталогизации могут повысить эффективность корпоративных закупок? Что такое «параметрические закупки» и какие преимущества они дают бизнесу? Какие изменения в бизнес-процессах, данных, информационных системах и ИТ-платформах необходимы для параметрических закупок? Возможности повышения эффективности собственных закупочных процессов для крупных компаний сегодня практически исчерпаны. Необходимо выстраивать и оптимизировать интегрированные Read more…

By Kate Koltunova, ago

What is special about B2B Product Information Management (PIM)?

B2B PIM helps managing industrial products: equipment, electronic components, medical devises, construction materials. B2C PIM is for consumer/FMCG goods:  food, clothes, consumer electronics. So, what is unique about B2B PIM, is that possible to use general purpose PIM solutions to manage industrial goods? B2B PIM deals with uncommon product categories, Read more…

By Kate Koltunova, ago

PIM for global sourcing: features and functions

Is it possible to share the same product repository and classifier both for buyers and for sellers from different countries and different industries? What features should Product Information Management (PIM) systems have to do so?

Today there are only a few good examples: GS1 and IceCat in FMCG. Some experts could mention UN SPSC, which was initially developed for statistical needs. However, its application in procurement is doubtful.

Clearly, firms have unique requirements to their classifier structures and to the product information. Information that is necessary for one company might be redundant for another. Both abundance of unnecessary details and lack of vital information might reduce process effectiveness. Therefore, companies need customized product templates (item identification guides in ISO 8000 terminology) for items of procurement, items of production, and items of supply.

(more…)
By Kate Koltunova, ago

Waiting for the Semantic Web: Product Information Management Perspective

“People want to be a part of something that is the future”

Marc Benioff, Behind the Cloud

Anyone who has just discovered the concept of Semantic Web wonders why, despite the apparent simplicity and usefulness of the concept, its deployment takes such a long time and still does not produce any noticeable effects on business. Why a framework that allows data to be shared and reused across application, enterprise, and community boundaries remains only a concept rather than a dominating standard? (more…)

By Kate Koltunova, ago

Why manufacturers do not reveal all the details about their products?

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…

By Kate Koltunova, ago
Verified by MonsterInsights