PIM
Manage all product content in one central system of record.
Activation
Easily syndicate product content to every consumer touch point.
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Enrich product pages with below-the-fold content and rich media.
Catalog Sites
Share secure, on-brand, and always up-to-date digital product catalogs.
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GDSN Data Pool
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PXM Platform, Integrations, and APIs
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Supplier Onboarding
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Product Listing
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Content Enrichment
Increase online conversions with Content Enrichment.
Automation
Save time and increase operational efficiency with retail automation.
SXM Platform, Integrations, and APIs
Integrate the SXM platform with the rest of your enterprise systems architecture.
Activation Network
Automate how you exchange product content data to the digital shelf.
Enhanced Content Network
Turn product pages into product experiences with Enhanced Content.
Ecommerce Platform Integrations
Create winning product experiences on owned sites with powerful ecommerce software.
GDSN Data Pool
Synchronize standard supply chain, marketing, and ecommerce attributes globally.
Open Catalog
Connect to the digital shelf faster with an open, standardized, and free product catalog.
Resources
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Carrying cost refers to the total amount of money it costs a business to hold inventory in stock.
Storing, moving, and maintaining inventory can be costly — especially when that inventory isn’t shipping out to customers. A carrying cost is a cost associated with holding inventory in-store, in a distribution center, or in a warehouse. These costs include taxes, insurance, funds for replacing perishable products, and costs related to depreciation of products.
A carrying cost also includes opportunity cost, which is an estimation of the amount of money the business wins or loses by choosing one product over another.
To stay on top of their carrying costs, businesses must stay organized and continually assess the amount of money they’re spending versus the amount of money they’re generating. If this ratio doesn’t align with their operational goals, the business could lose overall profit.
Many businesses use an inventory management system to evaluate and track their carrying costs. These systems give businesses real-time insight on their fulfillment procedures and inventory-related costs.