centralization

Benefits of PIM

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Benefits of PIM PIM refers to Product Information Management. It is a system that involves management of product information by means of centralization. ‘ Many businesses felt the need to come up with a solution to manage available product information because of various product distribution channels and the increased likelihood of failed promotional campaigns because of … Read more

Benefits of Centralization

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Benefits of Centralization Centralization, also called consolidation, refers to combining several departments within a company into one department. For instance, several individual IT functions can be shut down to pave way for one IT department that deals with the computing needs of the whole organization . Centralization helps to remove redundancy and increase profits. 1. … Read more