PIM vs ERP – Why PIM is not ERP?

The ERP system has been around for a while now and has been recognized as the spine of most growing and large e-commerce enterprises.

With its many modules, such as Finance, Manufacturing, Warehousing, Inventory and Order Management, Human Resources, Sales, and others, the ERP has become the single source of truth to track day-to-day business and extract much-needed insights.

ERPs have transitioned from on-premise to cloud-based systems, and are the crucial tool that streamlines business, ensures deep efficiency, and enables transparency across functions.

An ERP is often customized to the many needs of the enterprise, and so is an invaluable business enabler.

The ability of the ERP to manage almost every department of an enterprise, generate the data needed for management, and its continuous availability enables management to believe that it is the single most important technological tool to run their business, and it probably is.

But when it comes to offering a drill down into product information, facilitating collaboration between sales and marketing, enabling suppliers to add or update information, and numerous other features, an ERP seems rather inadequate.

This is not to play down the importance of the ERP. For enterprises big and small, that have plans to scale, an ERP offers numerous benefits. Some of these are listed below.