Product Information Management (PIM) is a system that helps businesses manage and organize their product data efficiently. It centralizes all information related to products, such as descriptions, specifications, images, and pricing, making it easier for companies to maintain accurate and consistent data across various sales channels. PIM systems are particularly useful for companies with large inventories or those selling through multiple platforms, like e-commerce websites and retail stores. By streamlining product information, PIM enhances collaboration among teams and improves the overall customer experience by ensuring that accurate product details are readily available.