Pivotree drives innovation to reduce time to market in the electronics industry

Access our fully featured IP&E product data library to increase eCommerce sales

TORONTO, October 17, 2024–(BUSINESS WIRE)–Pivotree Inc. (TSXV: PVT) (“Pivotree”), a leading provider of frictionless commerce solutions and services, today announced the launch of the first edition of its electronics SKUs library, which includes Interconnect and Passive includes as well as electromechanical parts (IP&E) from the industry’s leading manufacturers. This new library of IP&E SKUs, created with Pivotree SKU Build, is designed to help distributors and retailers in the electronics industry achieve 99.7% online product accuracy to increase sales while reducing traditional costs Save data enrichment.

The electronic parts distribution sector faces numerous challenges when it comes to SKU management, including incomplete and inconsistent data, overwhelming onboarding workloads, scalability issues, pressure to increase sales, and balancing speed to market and quality. By leveraging the library of fully enriched electronics SKUs, distributors and retailers can significantly accelerate product availability for their customers and reduce the manual effort of onboarding thousands of product SKUs, allowing companies to remain competitive in a rapidly evolving market.

SKU Build uses AI to standardize a wide range of product specifications and variants from different suppliers. This eliminates the need for manual data enrichment and prepares product SKUs for seamless integration into a company’s e-commerce platforms.

“Our goal is to streamline the product data management process for distributors and retailers in the electronics industry,” said Cliff Isaacson, Chief Product Officer of Pivotree. “With our fully featured SKUs, businesses can focus on what they do best – serving their customers and driving growth.”

Pivotree will present SKU Build to the electronics industry at the ECIA Executive Conference, October 20-22 in Chicago. They offer 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 costs and labor associated with manual product data integration.

As a leading provider of innovative solutions for the electronics industry, Pivotree’s mission is to equip companies with the tools they need to succeed in a competitive digital landscape. With a focus on quality, accuracy and efficiency, they help customers transform their product data management processes and achieve their business goals.

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For more information about Pivotree’s 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, develops, designs, builds and manages digital commerce, data management and supply chain solutions for over 200 major retailers and brands worldwide. With a portfolio of digital products as well as managed and professional services, Pivotree offers true end-to-end solutions to companies of all sizes. 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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Contacts

For further information please contact:

Sarah Kirk-Douglas, Vice President of Marketing, Pivotree
[email protected]
905-251-6502