PIM stands for Product Information Management, a system or process designed to centrally manage and distribute all the information about a company’s products. The essence of PIM lies in its ability to organize, standardize, and enrich product data, making it suitable for marketing and selling products across various channels and platforms. PIM systems ensure data quality and consistency, which is crucial for delivering a coherent customer experience, enhancing product discovery, and driving sales. By efficiently managing product information, PIM supports businesses in adapting to the complexities of digital commerce and the demands of an omnichannel retail environment.