In the ever-evolving landscape of commerce, consumer decisions are becoming increasingly focused on sustainability and responsible business practices. As organizations strive to connect with their customer values and enhance the purchasing experience, enhancing and enriching product information throughout the product lifecycle has become a pivotal strategy for success.
The strategic amalgamation of product data passports, circulatory data elements, and product data management practices is now at the forefront of this transformative journey. Leading the way are Product Information Management solutions, accelerated with Infoverity’s Product Data Circularity (PDC) modules. This innovative approach not only facilitates value-based purchasing but streamlines business operations with best practices for industries such as automotive, food and beverage, construction, building supplies, and manufacturing.
Responsible business practices resonate with today’s buyers who prioritize eco-friendly products. By proactively providing transparent information about product sustainability, businesses can increase sales, penetrate new markets, and expand their customer base.
Enhance the organizational reputation, differentiate from competitors, and increase repeat buyers by demonstrating environmental and social responsibility.
Having full visibility into the product lifecycle and process automation increases transparency across the supply chain and reduces data maintenance level of effort. A 360-degree view of product information enables informed decision making and cost savings during purchasing while automated data onboarding processes reduce time to market.
Infoverity’s solution provides a seamless infrastructure to manage, syndicate, and report on product circularity, sustainable information, and digital product passport (DPP) content.
Our dynamic and scalable model incorporates seamlessly into best-in-class PIM solutions and includes circulatory data elements such as recycled content, raw material inputs, lifespan, reuse, durability, chemical avoidance, carbon footprint, energy consumption, efficiency rating, ethically sourced, packaging, operational characteristics, eco label assignment, and related documentation.
Tap into industry standards, automation, and improved data quality with proven cleansing rules and business logic.
Leverage automation and standardize business processes around New Product Introduction, Ongoing Maintenance, Certification and Compliance, and Product Retirement. Streamline operational product data management with logical task sequencing and user groups with standard permissions.
Enable a one stop view of product circularity, responsible business information, and product catalog quality.
Enrich products with inter-enterprise integrations with 3rd party data pools such as GDSN and 1WorldSync.
The strategic incorporation of Infoverity’s PDC solution within a Product Information Management platform not only leads to a substantial boost in sales through value-based purchasing but also fosters a deeper and more meaningful connection with customers.
Whether an organization manufactures, distributes, or retails products, having robust product lifecycle information is critical to demonstrating responsible business and connecting with customers.
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