Inventory, PIM, Overstock
Inventory Updates With Product Information Management The rate of product invention and production has accelerated rapidly, resulting in shorter product life cycles than at any point in the history of manufacturing and sales. Every link in the supply chain depends upon centralized, constantly updated, and standardized inventory data. Product information management (PIM) systems are the best tools available to ensure that product producers, suppliers, and retailers share the same necessary data and details and that this relevant information is passed on to consumers. Accurate information is necessary for correct ordering, successful sales, and customer satisfaction.