The leading distribution companies strive to provide just-in-time logistics, accurate product information and business expansion opportunities to both manufacturers and retailers. Delayed, inconsistent or inaccurate product information may cause damage to revenue and relationship with strategic suppliers and buyers.
A distributor is in a challenging position in the market. On the one hand, its partner brands all the time are releasing new products and expect sales to start as soon as possible. On the other hand, there are constant changes in sales channels. Marketplaces are significantly changing e-commerce, and the role of omnichannel is increasing.
Master Data Management (MDM) and Product Information Management (PIM) solutions leading distributors are able to optimize operations while strengthening communications and relationships with brands, retailers, resellers and channel partners.