26/10/2021 Computer - IT - Webs
Product Management is a process of organising and managing details of each product that an organisation sells to its customers. While an organisation deals in multiple products, it becomes mandatory to streamline the process of keeping the complete product information in detail. The information should be easily retrieval, so it has to be maintained centralized and in a structured way.
Benefits of Product Management
-Time saving information retrieval according to needs.
-Defined principal, categories & sub-categories.
-Easy information capturing, with minimum possible errors.
-Reduce duplicate record keeping.
-In selling of any product it is mandatory to know, at what units of measurement it needs to be placed into the market, like; in Quantity, KG, Metes etc. This Process helps in doing the same.
-Opportunity to make effective product specifications, for future use.
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