Pivotree Drives Innovation to Accelerate Time to Market in the Electronics Industry
October 17 2024 - 7:07AM
Business Wire
Access our Fully-built IP&E Product Data
Library to Enhance eCommerce Sales
Pivotree Inc. (TSXV: PVT) (“Pivotree”), a leading provider of
frictionless commerce solutions and services, today announced the
launch of the first edition of their Electronics SKUs library,
encompassing interconnect, passive, and electromechanical parts
(IP&E) components from the industry's top manufacturers. This
new library of IP&E SKUs, created with Pivotree SKU Build, is
designed to help electronics industry distributors and retailers
achieve 99.7% online product accuracy to grow revenues, while
saving the costs of traditional data enrichment.
The electronics parts distribution sector faces numerous
challenges in SKU management, including incomplete and inconsistent
data, overwhelming onboarding workloads, scalability issues,
pressure to grow revenue, and balancing speed-to-market with
quality. By utilizing the library of fully-enriched Electronics
SKUs, distributors and retailers can significantly accelerate
product availability to their customers and reduce the manual
effort required to onboard thousands of product SKUs, enabling
businesses to stay competitive in a rapidly evolving market.
SKU Build utilizes AI to standardize a wide range of product
specifications and variations from various suppliers. This
eliminates the necessity for manual data enrichment and prepares
product SKUs for seamless integration into an organization’s
eCommerce platforms.
“Our goal is to streamline the process of product data
management for distributors and retailers in the electronics
industry,” said Cliff Isaacson, Chief Product Officer, Pivotree.
“With our fully-enriched SKUs, businesses can focus on what they do
best—serving their customers and driving growth.”
Pivotree is introducing SKU Build to the electronics industry at
the ECIA Executive Conference in Chicago on Oct.20-22. They are
offering conference attendees the opportunity to access 1,000 free
SKUs from the IP&E library to see how enriched, channel-ready
SKUs can accelerate time-to-market and save the cost and labor
associated with manual product data onboarding.
A leader in providing innovative solutions for the electronics
industry, Pivotree’s mission is to empower businesses with the
tools they need to succeed in a competitive digital landscape. With
a focus on quality, accuracy, and efficiency, they help clients
transform their product data management processes and achieve their
business goals.
For more information about Pivotree services and solutions,
please visit the Electronics Industry page on their website.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
About Pivotree
Pivotree, a leader in frictionless commerce, strategizes,
designs, builds, and manages digital Commerce, Data Management, and
Supply Chain solutions for over 200 major retailers and branded
manufacturers globally. With a portfolio of digital products, as
well as managed and professional services, Pivotree provides
businesses of all sizes with true end-to-end solutions.
Headquartered in Toronto, Canada, with offices and customers in the
Americas, EMEA, and APAC, Pivotree is widely recognized as a
high-growth company and industry leader. For more information,
visit www.pivotree.com or follow us on LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20241017481181/en/
For further information, please contact: Sarah
Kirk-Douglas, Vice President of Marketing, Pivotree
sarah.kirk-douglas@pivotree.com 905-251-6502
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