Does your eCommerce store need a product information management system (PIM)? Yes, it just may!

Does your eCommerce store need a product information management system (PIM)? Yes, it just may!

As the growth of eCommerce expands to include millions of SKUs globally, the need to effectively organize and retrieve product information across multiple sales channels is becoming increasingly crucial. According to research by Bigcommerce.com, an estimated $40 billion in sales, or roughly 3.5%, is lost annually due to “supply chain information inefficiencies.” Companies are currently spending an average of 25 minutes per SKU per year to clean out and synch old information. Often, products can take an average of four weeks to launch. Here are four reasons a well-designed product…