Continued growth is the Holy Grail for most manufacturing organisations. But as inventories expand, managing parts efficiently without a product information management system (PIM) can be a challenge.
Booming sales is a problem most companies would be happy to deal with. It means that business is good and you’re doing things right. Maybe, but it could also mean you’re selling products but not necessarily as profitably as you might.
The production line is rolling and the sales teams are getting the products out there. Great. So far so good. But what about the warehouse, the dealers and aftersales? Are they enjoying the same experience?
Are parts easy to source and reference? Have technical specifications been matched to the correct models, sub-assemblies and regional certifications?
Crucially, have all pricing changes been flushed through the system in time for that eagerly anticipated product launch, or new model in the machinery series?
Access to vital product information is essential for many business functions. Stop the flow of data, or unwittingly put up barriers, and you could be storing up problems for the future.
Worst still, the business could be missing out on much more if some customers are finding your ecommerce site or online catalogue difficult to navigate. That impacts on the bottom line.
The great part dilemma
Expansion within any organisation presents challenges. Existing systems and data storage solutions become stretched. knowledge gaps widen, and data silos are the outcome if personnel are unable to carry-over information when new software is introduced.
The reality is that product item numbers, part references, catalogues, documentation, pictures, images and videos tutorials are not synchronised and become increasingly hard to manage.
Integration, collaboration and communication stalls. Discrepancies crop up. This can become the reality as a business grows.
Use manufacturing data smarter
Although many systems and procedures become lean over time, there’s nearly always an opportunity to improve. For manufacturers with increasing volumes of product information, there’s a real need to leverage that data to keep everyone informed, costs down and productivity up.
PIM helps to put everything in order. From creating a centralised data source without duplication, to reducing manual input and making part searches straightforward. It will help your organisation present complex information in a format that all users can understand, and enable them to take appropriate actions.
With thorough consolidation of your core data sources, you can launch new products quicker, give customers a more cost-effective service experience, faster aftersales support, and also maximise profitability.
Let’s demonstrate how can PIM help…
If you’re looking to centralise your organisation’s data to give all users of your product information a consistent experience, we can help.
In the first instance, an online demonstration of how the Epitomy Platform can complement your existing systems will highlight the many benefits of product information management.
Call 0114 258 0404 or email email@example.com to start the conversation.