It is crucial to all organisations, product details like names, descriptions and other product data are easily and accurately presented to the customers. The product data and other information will also have to be presented in the right context and on time. Your customers will be seeking for information and they will demand and expect information that is not only accurate but provided to them quickly and accurately. If you can speed up internal processes to achieve quick data flow the chances are that customer will view your organisation more favourably.
Product Information Management (PIM) is a process of managing all data and information about your products in one place instead having them spread across several systems. You can finally get rid of those number of spreadsheets and consolidate everything onto one platform to make it easier to manage and present your data and information to the market or to your target audience in the most accurate way. Information consolidated in PIM can be consumed by any channel or system effectively working as a central repository.
Master Data Management (MDM) will help you collect and collate any structured data (not just product data) and information across all sources like the ERP, CRM, and any other system. With Pimcore MDM capability you can quickly consolidate all relevant information into one place which can later distribute information that make sense in context to the person or system that requires the data and information.
Master Data Management (MDM) is the system that collect and collate all the information together and present it in a manner that makes sense to your target audience or employees in a unified manner at one place.