How Pimcore’s PIM Easily Manages Millions of SKUs?
“Beware of little expenses; a small leak will sink a great ship.” – Benjamin Franklin
Businesses dragging their feet from replacing legacy systems (and stacks of scattered spreadsheets) while brushing aside repetitive, manual tasks, data discrepancies, long-drawn-out data processing time as ‘inconsequential’—risk falling into a spiral of low productivity, losses, and reduced sales.
Your current product information (PI) system’s limited capability in handling dynamic product data of your excellent quality products can, in time, threaten the very existence of your business.
It ultimately boils down to making a choice. Do you want to scale thousands of your SKUs into millions effortlessly? And instead of managing them poorly, do you imagine a better future for them— a future that corresponds with your growth plans? If that’s the sort of ambition you hold for your business, then Pimcore can get you there!
Exit Manual Intervention, Enter Automation
When millions of products and their catalogs are managed manually, order placement happens via phone or fax, it gives rise to inefficiency and disorder, resulting in massive loss of time and productivity. It also gets complicated to track inventory flow, pricing, or getting any product lifecycle insights. Besides, due to suppliers’ and partners’ manual entries, it isn’t easy to standardize data and keep it consistent.
Pimcore’s PIM system helps you store all the product information in a single repository, irrespective of your SKUs’ quantity. This single repository of product SKUs, descriptions, and their corresponding assets pushes complete, consistent, and enriched product information throughout the system. Pimcore also helps create supplier portals to boost automation, collaboration, and self-service for B2B partners, so they can independently import/export data at their convenience.
Organize SKUs With a Flexible Data Model
Pimcore’s scalable data model facilitates data management from any domain, relationships, and attributes; this keeps the SKUs organized by family and category while making them accessible with ease throughout the entire product life cycle.
Pimcore’s intuitive data model can easily handle millions of products having thousands of attributes each. It allows you to connect any data and adapt effortlessly to additions or changes in real-time. The robust support of dynamic, multiple level product hierarchies further facilitates the creation and management of product data in product groups. All the SKUs receive shared features via parent-child taxonomy. They’re able to set up numerous trees of hierarchy without any data duplication. Moreover, Pimcore’s data model fully adapts to your company’s needs.
Connect ERP Easily with Webshop
Often connecting ERP or procurement systems with webshops emerge as a big challenge for enterprises. Just seamless and convenient access to millions of SKUs; making changes in specific products and pricing, removing expired ones from the shelves, can turn into a mammoth task. On top of that, personalized and engaging offers, including tailor-made prices for individual customers, is almost impossible to achieve.
Pimcore seamlessly integrates with any 3rd party software; it can manage the website and webshop in a single system. It can process product SKUs, article data, customer data, media files, order data, and pricing. It makes bulk validation possible by carrying out multiple comparisons and multiple changes. By integrating with ERP systems, Pimcore PIM Platform enables real-time integration updates and sends product information flawlessly to the webshops.
Large Product Catalog? No Worries!
Large product catalogs can be a burden not only on your inventory management system (IMS) but also on your warehouse management system (WMS) and product management. Responsiveness of the system, searching, page loading time, streamlining product workflow, data governance across the enterprise, real-time syncing of data across multiple sales channels can become critical issues.
Pimcore PIM is a highly intuitive, responsive, flexible, and scalable platform, which can manage your catalog irrespective of its size. It offers enterprises a variety of out-of-the-box features and options to manage large catalogs. It upholds data integrity to aid product catalog management while issuing notifications for stock acquisition whenever a product’s lifecycle is about to end and time to replenish arrives. It also ensures automated, real-time syncing of product information across all online sales channels.
Managing SKUs across Continents
Pimcore PIM provides multiple hierarchies that store SKU data in an organized manner for various countries and languages. The entire product data can be clubbed under a unique automated identifier called the GPI (Global Product Identifier). Information can then be pushed to various output channels across countries to aid sales and marketing efforts from this centralized record. In the past, Pimcore has reduced up to 95% time in managing millions of SKUs for its clients across countries while minimizing complexity in operations.
Since Pimcore PIM integrates exceptionally well with digital commerce platforms, it enables enterprise webshops to quickly scale across multiple countries, languages, marketplaces, and storefronts. Pimcore PIM’s excellent control over your SKUs boosts your association with vendors and partners in newer geographies too.
A Recent Use Case Where Pimcore PIM Managed Huge Number of SKUs
The client, which is a giant technology conglomerate spread across 64 countries and 6 continents, was in dire need of a flexible, robust, and scalable product data management system to manage and aggregate 20 million+ product SKUs spread across 30 countries. Pimcore achieved this feat effortlessly by replacing their existing product information (PI) system with Pimcore PIM. Pimcore began with consolidating their data from multiple sources such as ERPs, internal sources, vendors, and other critical data sources into a solo portal to create a single view of editable product data, as well as managed and consolidated their digital assets (using Pimcore DAM).
As a result, Pimcore brought together 1500 categories and 60,000 attributes of products (having close to 1.7 million drop-down values). This dramatically reduced their data processing time while keeping the data up to date and accurate. The combined view of the product information enhanced ease of use significantly. Pimcore also created a standardized data model to transform their product data from a variety of sources and consolidated that data based on relevant rules specific to their customers or marketplaces. At the same time, Pimcore empowered their vendors with the ability to upload and enrich product data in the system. This took care of the current product data management needs of the conglomerate and prepared them suitably for the future.
Wrapping Up
Discrepancies at the SKU level can cause ripple effects through the organization resulting in big blunders. They can mess up supplier collaboration, inventory management, order placement, and processing, leading to erroneous deliveries. Besides, lack of governance and quality checks can contribute to further chaos in internal operations.
Pimcore PIM can help enterprises to scale their SKUs exponentially. It can handle millions of SKUs and tens of millions of their relationships (with related products, taxonomies, etc.) and continue to be responsive and elegant. We’re already managing 100+ million product data records in a single Pimcore instance for some of our clients.
If you’re thinking of expanding your product offerings, bring in efficiency, accuracy, and sophistication in SKU handling so that small leaks don’t threaten your ship from fearlessly surging ahead— you won’t find a better ally than Pimcore!
If you’re thinking of expanding your product offerings, bring in efficiency, accuracy, and sophistication in SKU handling so that small leaks don’t threaten your ship from fearlessly surging ahead— you won’t find a better ally than Pimcore!
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