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LEVERAGING PIM FOR A FULL ENTERPRISE TRANSFORMATION AND A BETTER CUSTOMER EXPERIENCE MARK TINUCCI 4th APRIL 2019.

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Presentation on theme: "LEVERAGING PIM FOR A FULL ENTERPRISE TRANSFORMATION AND A BETTER CUSTOMER EXPERIENCE MARK TINUCCI 4th APRIL 2019."— Presentation transcript:

1 LEVERAGING PIM FOR A FULL ENTERPRISE TRANSFORMATION AND A BETTER CUSTOMER EXPERIENCE
MARK TINUCCI 4th APRIL 2019

2 Johnson Controls We combine technology with insights to build purposeful solutions that help the world progress, meeting today’s needs and shaping better tomorrows

3 PIM History Johnson Controls JUNE 2017 JULY 2018 JULY 2018
JUNE 2017 Started our investigation of a PIM solution JULY 2018 Business requirements and full FI/RFP JULY 2018 Involved 3 initial BU’s through entire process Started our investigation of a PIM SaaS-based solution in June 2017 Collected Business requirements and built full RFI/RFP process per a partnership with the JCI Procurement team Involved three initial BU’s through a core PIM team, to be part of the selection process and have maintained their involvement throughout all phases Contract Negotiations and internal authorizations and funding complete with inRiver and implementation provider end of September 2018 Data workshops allowed design of Data model and a product-based Taxonomy Rolled from Data workshops directly into implementation for first three BU’s – who have Global operations Next wave of BU’s will involve another three to four BU’s – groundwork already started Johnson Controls PIM History SEPTEMBER 2018 Contract, authorizations, funding complete DECEMBER 2018 Data workshops generated data model & taxonomy by BU DECEMBER MARCH 2019 Implementation for 3 Global BU’s MARCH 2019 Next wave of 3 to 4 BU’s, started

4 Setting the JCI stage for PIM Performance Measurement
Setting the JCI stage for PIM Performance Measurement COST Enterprise funded vs. BU funded Every Business Unit that is part of an Enterprise is concerned with costs: The struggle to determine what is part of Enterprise offered and funded services versus BU secured and funded services is not a new one Often times, the “Enhanced Customer Experience” gets caught up in the debate of who (the Enterprise or the BU) should pay for not only owning, but delivering a consistent enhanced customer experience JCI made the decision easy, the enterprise, via the Global Marketing team was going to own and fund the enhanced customer experience, driving BU consistency and deliver PIM through an integrated marketing plan that leveraged a streamlined Marketing Technology Stack: CUSTOMER EXPERIENCE Don’t let the Enhanced Customer Experience get caught up in the ownership debate GLOBAL MARKETING Owns Enhanced Customer Experience and funds PIM Fits PIM into integrated marketing technology plan (Global Web & DAM), setting perquisites and order

5 Setting the JCI stage for PIM Performance Measurement
Enterprise funding of the PIM needs BU tradeoff Enhanced customer experience Resource efficiencies Impacts to revenue and sales opportunity BU’s using the PIM needed to return PIM Performance Measurement showing they were leveraging the tool to deliver an Enhanced Customer Experience and a supporting ROI set of Performance Measurement: Pushing PIM Performance Measurement was not only new to the BU teams (they had to warm up to it), but it had never been framed for the BU’s out of a new tool, so they needed help in where and how to start PIM Performance Measurement was going to require the BU’s deliver a starter snapshot of current-state manual Product Information delivery metrics. JCI BU’s had to be trained in how to create the historical starting metrics JCI PIM start up activities needed to introduce the concepts of: PIM Performance Measurement Draw the BU’s into understanding why PIM Performance Measurement was important to delivering an Enhanced Customer Experience interaction Get the BU’s to understand PIM Performance Measurement was a non-negotiable element of continued enterprise funding of the PIM Performance Measurement was not new to the BU’s Introduced on Day 1 Snapshot of current-state baseline metrics Use PIM metrics every day Non-negotiable element of PIM use Setting the JCI stage for PIM Performance Measurement

6 BUILD PIM PERFORMANCE METRICS ACROSS ALL ASPECTS
BUILD PIM PERFORMANCE METRICS ACROSS ALL ASPECTS Build into the RFI / RFP before you select a PIM tool Involve BU’s and suppliers in deriving metrics early on – making it a big deal Early Start Align PIM Metrics with BU’s goals and involve finance/strategy resources in selecting/committing to them Align with BU Goals Building Performance Measurement across all aspects of your PIM - Leverage a “do it now” strategy: Build PIM performance Metrics into the RFI / RFP before you select a PIM tool – announce it to the Suppliers you are going to investigate Build PIM Performance Metrics into Business Requirements as you collect them from your BU’s: Suppliers who have an understanding of the importance of PIM Performance measurement will help you lead this dialogue The good news: inRiver knocked this one out of the park with JCI day one Ensure Enterprise, BU engagement teams, and Supplier partner, all understand how big a deal PIM Performance Measurement are to your PIM project Get the BU’s to make written commitments to PIM Performance Measurement, teach all users how to use it as part daily success criteria related to Value Return Get the BU’s to sign up for selected PIM Performance Measurements that help them reach their goals – involve the BU finance and strategy resources Make PIM Performance Measurement part of the BU leader’s daily dashboard Make PIM Metrics part of BU leader’s daily dashboard Teach all users how to apply metrics as part of daily ops Leadership Dashboard Ensure enterprise support groups all understand PIM Metrics are a must Have written commitments Enterprise Buy-In

7 Make PIM Metrics a big part of your implementation
An integral part of every phase, meeting, and task Build PIM Metric attributes into the PIM Data Model Teach the BU users how to use and leverage the PIM metrics Cover employee’s personal goals and departmental objectives Keep users interested, vigilant and engaged PIM Performance metric comprehension is a continual task Make PIM Metrics a big part of your implementation

8 Technology Ties Can Support PIM Performance Metrics
Push PIM into the very fabric of the enterprise Technology Ties Can Support PIM Performance Metrics PIM to be an anchor point in the marketing technology stack and strategy PIM to be prerequisite to BU’s for website enhancement – Sitecore Look around - find technology ties and support: Push PIM into the very fabric of the enterprise, from people resources and adjoining programs Find ways to get the PIM to be an anchor point in the marketing technology stack and strategy At JCI, the PIM became a mandatory prerequisite to BU’s due for a website enhancement – Sitecore At JCI we tied the PIM to a Digital Asset Management (DAM) effort, built API only for endorsed DAM Make PIM a vital part of an integrated marketing plan All Sales and Marketing entities must know what PIM does for them Tied to a Digital Asset Management (DAM) effort Make PIM a vital part of an integrated marketing plan All Sales and Marketing entities must know what PIM does for them

9 PIM Performance Measurement – a place to start
PIM Performance Measurement – a place to start Benefit PIM Performance Measurement Starters Organic Revenue Growth XX% lift in new products sales attributable to increased speed to market on new products (Channel Sales) XX% online revenue growth through improved online promotions XX% lift in YoY sales pipeline attributable to campaigns Employee Productivity XX hours per week average time savings per affected employee XX% reduction in cycle time on processes XX saved in translation costs (can use a benchmark from another company) Customer Acquisition & Retention XX% higher customer retention rate XX% higher customer satisfaction rate XX% reduction on returns – rebuilds Share of Customer Spend XX% reduction in products with errors & gaps Automated content syndication reduces cycle time with customers Cost Reduction Reduced customer service costs through content availability Increased catalog maintenance efficiency Reduced IT systems and maintenance costs

10 Find ways to show how great a decision PIM was
Find ways to show how great a decision PIM was CONTINUOUS FUNDING To support continued funding for all BU users ENHANCEMENTS AND REFINEMENT Building Performance Measurement across all aspects of your PIM - Leverage a “do it now” strategy: Build PIM performance Metrics into the RFI / RFP before you select a PIM tool – announce it to the Suppliers you are going to investigate Build PIM Performance Metrics into Business Requirements as you collect them from your BU’s: Suppliers who have an understanding of the importance of PIM Performance measurement will help you lead this dialogue The good news: inRiver knocked this one out of the park with JCI day one Ensure Enterprise, BU engagement teams, and Supplier partner, all understand how big a deal PIM Performance Measurement are to your PIM project Get the BU’s to make written commitments to PIM Performance Measurement, teach all users how to use it as part daily success criteria related to Value Return Get the BU’s to sign up for selected PIM Performance Measurements that help them reach their goals – involve the BU finance and strategy resources Make PIM Performance Measurement part of the BU leader’s daily dashboard Drive PIM energy, excitement, interest and refinement PROJECT ASSOCIATIONS Find complimentary technology and project associations that  transform an enterprise CUSTOMER EXPERIENCE AND OWNERSHIP Always tie to the Enhanced Customer Experience and Global Marketing ownership

11 Q&A

12 THANK YOU!


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