Magento 1 End of Life: What's Next - Product Inventory Management

 

WhatsNextPIM1

Over the past few weeks, Fisher Technology has written a series of blogs related to Magento 1 that is due to sunset in June 2020. We have covered improving business process as part of replatforming, impact and best practices for integrations, and compared Magento 2 with Shopify/Shopify Plus.

Many areas of a business are impacted by replatforming, specifically when additional functionality is added to the new online store, impacting your team’s overall workload. This blog, What’s Next - Product Inventory Management (PIM) will review additional resources available for merchants to improve customer experience and internal operations post replatforming. 

Product Inventory Management is a challenge for many businesses. Product management crosses multiple departments. Typically, stock management is maintained in an ERP, as are price lists. The marketing team manages the visuals and product descriptions on the store, as well as managing and maintaining the different channels that the merchant sells in.  Sales needs to know what is available for them to sell and management wants an overview of stock, sales and purchasing!

Imagine having a cloud-based Product Inventory Management (PIM) application with the ability to centralize all of your product data enabling you to track pricing, sales and stock levels in one database. Imagine the time your teams would save, how many errors would be reduced and that you could run your business cost effectively and more efficiently. And, imagine it seamlessly integrated with your eCommerce store so that updates to product are automated.

You don’t have to imagine anymore – we can help you!

We have a PIM that will:

  • Manage your electronic catalogs, including Product data (manufactures, SKU’s, names, titles, descriptions); Technical Specifications; Pricing and discounts; images and videos; Documents; Marketing (keywords, personas SEO).
  • Take full control over sales channels and map data to multi-channel's, such as Third Party Logistics (3PL), Amazon, eBay or other online stores.
  • Supplier Management – Manage company and contact details, product supplies, previous order, onboarding new suppliers and enable suppliers to update pricing.

Would having a PIM benefit your business and enhance your eCommerce store?

Let's Talk

 

Did you miss our other blogs in the series? 

Magento 1 End of Life: What does it mean for my eCommerce Store?
Magento 1 End of Life: What does it mean for Integration?
Magento 1 End of Life: What Business Processes can you improve?
Magento 1 End of Life: eCommerce Comparison - Magento vs. Shopify

 

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