Problem Statement

The client struggled with managing their extensive product catalog due to scattered and inconsistent data across multiple systems. The absence of a centralized system resulted in:

• ACES & PIES Compliance Issues

  Maintaining compliance with industry standards was challenging due to errors in data submission and validation.

• Time-Consuming Manual Processes

  Updating and validating product data involved manual effort, leading to delays and increased operational costs.

• Scaling Limitations

  The inefficiencies in their existing processes hindered their ability to scale operations effectively.

• Disorganized Product Data

  Product information was scattered across multiple systems, resulting in inconsistencies and duplication.

Solution Implemented

Credencys collaborated closely with the client to implement a tailored PIM solution that addressed their specific needs. The solution included:

• Automated Data Validation: Integrated tools to validate product data for ACES & PIES compliance, reducing manual errors.

• Centralized Product Data Repository: Consolidated all product information into a single source of truth, eliminating data silos.

• Customizable Taxonomy Management: Created a dynamic taxonomy structure to handle diverse product categories effectively.

• Streamlined Syndication Workflows: Enabled efficient and accurate data syndication to distributors and trading partners.

Business Impact

• Enhanced Scalability

  Equipped the business with a robust data management framework, supporting future growth and expansion.

• 30% Faster Updates

  Accelerated catalog updates, enabling quicker product launches and better responsiveness to market demands.

• 50% Improved Compliance

  Achieved ACES & PIES compliance, ensuring smoother operations with trading partners.

• 35% Error Reduction

  Reduced data inaccuracies, improving trust and reliability in the product catalog.

• Operational Efficiency

  Minimized manual effort, saving the client significant time and resources.