What`s the difference between PIM and ERP and why enterprises need them for better datamanagement and business productivity? Read more in this insight https://bit.ly/3CWY1nX
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PIM vs ERP: What`s The Difference
1. PIM SYSTEM
ERP SYSTEM
PIM acts as a central
hub that obtains
product information
from various (internal
and external) sources
and disseminates it to
multiple output
channels.
V E R S U S
IN A NUTSHELL
ERP is a shared
database used by
various departments
such as HR, accounting,
compliance,
distribution, etc., to
manage everyday
business processes.
PIM handles product
data like product
specifications, technical
specifications, product
lifecycle information,
product metadata
information.
ERP stores data about
product manufacturing,
inventory, warehouse
and distribution network,
human resources and
more.
PIM enables
organizations to improve
operational efficiency,
enable omnichannel
powered growth,
decrease time-to-
market, boost customer
experience, and grow
overall revenue.
ERP improve connectivity
between departments,
increases productivity,
trims downtime,
eliminates manual
processes, speeds-up
operations and fosters
collaboration.
PIM system meets the
need to improve data
quality, omnichannel
presence, efficiency,
innovation, product
experiences, ROI and
better data governance.
An ERP system fulfils the
need to communicate
between business units
and gives access to
critical business metrics
by allowing a total
integration of all
departments.
FUNCTIONS
TYPE OF DATA
PURPOSE
NEED