Working with Product Information Management
Have you ever wondered how businesses keep track of all their products across different locations and legal entities? Well, that’s where product information management comes in! It’s a process that centralizes all the information about a product, such as its definition, categorization, and identifiers, so that it can be easily accessed and used by various departments within the organization.
Product information is essential for supply chain and commerce applications, and it includes everything from product names and descriptions to images, units of measure, and translations. This information is used to manage specific product or category business processes.
When defining a product, several factors exist, such as product type, subtype, dimensions, and configuration models. Product data can be imported from various sources, such as product life cycle management or product information management systems, and exported to other business applications.
In this chapter, we will cover the following topics:
- Understanding and creating products and product variants
- Identifying product types
- Creating a BOM and understanding all its details
- Designing product configurations by constraining their options
- Creating and handling hazardous materials
- Working with direct delivery products and learning about their capabilities
- Understanding product configurations about costs and pricing