What is an ERP?
- ERP stands for Enterprise Resource Planning. These systems were originally created around the 1960s in order to help manage inventories for the manufacturing industry
- An ERP is used for managing day-to-day business activities, including accounting, project management, and risk management
- ERP solutions are focused on integrating the processes needed to run a company, facilitating communication between departments
- Famous examples include SAP or Oracle
What is the difference between ERP and PIM?
- PIM systems focus on product data: they aim to provide a single source of truth by collecting all product data in one place
- ERPs focus on managing and improving sales-related processes such as purchasing, manufacturing, warehouse managing, order processing and logistics
- ERPs have no digital asset management (DAM) features. So they are not equipped for handling media such as images and videos. OneTimePIM comes with an integrated DAM, so you can add media files at no extra cost.
- ERPs do not have the same distribution capacities as a PIM, which is designed to distribute your data to places such as e-commerce sites
Which one do I need?
PIM and ERP systems essentially serve different functions. A PIM system is focused on product information management, digital asset management, and technical specifications, while an ERP helps with communication between departments and tracking data.