PDM meaning in Business Management ?

Answer:

What is Product Development Management mean?

Product information management (PIM) is the process of managing all the information required to market and sell products through distribution channels. This product data is created by an internal organization to support a multichannel marketing strategy. A central hub of product data can be used to distribute information to sales channels such as e-commerce websites, print catalogs, marketplaces such as Amazon and Google Shopping, social media platforms like Instagram and electronic data feeds to trading partners.

PIM solutions are most relevant to business-to-consumer (B2C) and business-to-business (B2B) firms that sell products through a variety of sales channels in a range of industries. The use of PIM is generally influenced by a company's:

wide array of products and/or complex product data setfrequently changing product characteristicsincreasing number of sales channelsnon-uniform IT infrastructure (plethora of data sources and formats)online business and electronic orderingvarious locales and localization requirements

PIM systems manage customer-facing product data needed to support multiple geographic locations, multi-lingual data, and maintenance and modification of product information within a centralized catalog. Product information kept by a business can be scattered throughout departments and held by employees or systems, instead of being available centrally; data may be saved in various formats, or only be available in hard copy form. Information may be needed for detailed product descriptions with prices, or calculating freight costs. PIM represents a solution for centralized, media-independent product data maintenance, as well as efficient data collection, enrichment, data governance and output.

reference

Full Form	Category
Physical and Dynamic Meteorology	Academic & Science
Public Domain Mark	Academic & Science
Performance Driven Marketing	Business
Paramount Data Management	Business
Pitt DesMoines, Inc.	Business
Product Definition Management	Business
Paul Diatlovich Motorsports	Business
Product Differentiation Method	Business
Performance Data Manufacturing	Business
Physician Data Management	Business
Project Design Matrix	Business
Paradigm Gold Ltd	Business
Phia Document Management	Business
Product Documentation Management	Business
Practical Diagnosis and Management	Business
Project Delivery Management	Business
Product Develop Manual	Business
Professional in Destination Management	Business
Personalized Diabetes Management	Business
Position Description Management	Business Management
Product Development Management	Business Management
Professional Development Meeting	Community
Professional Development Manager	Community
Personnel Development Meeting	Community
Predictive Maintenance	Community
Post Distribution Monitoring	Community
Physical Data Model	Computing
Pix Device Module	Computing
Programming Development Manager	Computing
Portable Dialog Manager	Computing
Power Down Mode	Computing
Physical Data Member	Computing
Protocol Driver Module	Computing
Product and Document Management	Computing
Parallel Disk Model	Computing
Purchase Data Metrics	Computing
Portable Device Manager	Computing
Process Debug Manager	Computing
Power Distribution Management	Electronics
Please Detect Me	General
PIX Device Manager	General
Periodic Data Matching	General
Product Design Matters	General
Programmed Depot Maintenance	General
Passenger Door Module	General
Programmable Dynamometer	General
Product Description Manual	General
Porsche Days Murcia	General
Power Delivery Module	General
Pend De Munde	General
Pic Du Midi	General
Purely Daredevil Mice	General
Positionnement Du Metier	General
Pre Disaster Mitigation	General
Power Drawer Module	General
Property Driven Model	General
Product Data Manager (Management)	General
Psychodynamic Diagnostic Manual	General
Paul D Martin	General
Purple Disco Machine	General
Pulse Density Modulation	General
Probability Distribution Model	General
Parallel Data Mover	General
Plastics Design and Moulding	General
Process Device Manager	General
Phrases De Merde	General
Photo DVD Maker	General
Presidential Decision Memorandum	General
POP demand mod	General
Premium Deluxe Motorsport	General
Pain du Monde	General
Plastics Design Moulding	General
Product detail mounting	General
Partido de los Demócratas de Melilla	Governmental
PANDIKANMOI	Indian Railway Station
Pittsburgh Des Moines	International
Putain De Merde	International
polymyositis-dermatomyositis	Medical
Prehospital and Disaster Medicine	Medical
Pharmacy Data Management	Medical
Periodontal Membrane	Medical
Primary Dermal Melanoma	Medical
Program Decision Memorandum	Military and Defence
Power Distribution Module	Military and Defence
Precedence Diagramming Method	Military and Defence
Product Descriptive Matter	Military and Defence
Product Data Manager	Military and Defence
Programmed Decision Making	Military and Defence
Protocol - Dependent Module	Networking
Product Data Management	Softwares
Parallel Development Manager	Softwares
Php Dump Maker	Softwares
Processor Data Monitor	Space Science
Pulse Duration Modulation	Space Science
Pitt Dance Marathon	Sports