Product Information Management (PIM) for the Automotive Industry

The PIM for automotive companies is not another information silo; it's an efficient route to enabling immaculate data.

AAIA studies reveal that data errors triggers a transaction cost of US$1.7 billion. Catalog data latency costs US$5 billion in sales annually. Customer and supplier data is essential for an Auto manufacturer. A generic data cleansing without understanding the product and industry intricacies is not going to provide expected ROI for the Auto industry participants.

If companies are to incessantly reconfigure their business processes, they need to synchronize their data to get consistent analysis of parts, applications, and vendors. The lack of transparency leads to delay in the introduction of new products, inefficiency in supply chain processes and non compliance to multiple legislations. It results in inadequacy of the overall process.

Enventure’s expertise ranges from extracting data from multiple data sources and formats to PIES, ACES or custom standards based on the requirement. Our classification experts can handle different industry classification including UNSPSC, UPC etc for cataloging, spend analytics, strategic purchasing and various other supply chain needs. With domain experts and a decade of expertise in content services we customize a data quality program as per the need of our automotive customer

Enventure Content Value Ladder

Enventure identifies your data requirements. Assesses your position in a value ladder by a data audit then customizes services to meet your short term and long term objectives.

Enventure’s Content Management Expertise:

Our content organization has expertise in handling data requirements of automotive companies and OEMs.

Engineering Content: Enventure handles all your engineering content like CAD and CAM files for standardization, classification and transformation. From extracting product information to drawing files or taking up a huge digitization exercise, we have everything it takes to create a product or aftermarket catalog

Supply Chain Content: Enventure’s expertise in UNSPSC, PIES, ACES and UPC can address issues like cataloging, spend categorization and EDI related data challenges. We successfully manage the demand and the supply side data for the overall success of your organization.

Environment and Compliance Content: Enventure manages the end-to-end activity of content sourcing, aggregation and report generation from multiple vendors. We have the process and systems to handle the data needs related to RoHS, WEEE, ELV, IMDS and REACH

Your key benefits:

1. Improved cataloging
2. Increased sales
3. Better management of supply chain
4. Improved inventory visibility
5. Implemented JIT based reordering system
6. Ability to analyze sales trends, by multiple parameters
7. Improved efficiency of ERP system