VendorNet Inc., an eBay Enterprise company and provider of omni-channel fulfillment and supply chain management technologies, recently introduced a new virtual product catalog management solution.
Called SKU Space, the solution synchronizes and automates the exchange of product data between retailers and dropship vendors to create a virtual marketplace, which can drive new business relationships and increase customer satisfaction with speed to market for new products.
“Today’s consumer wants fast access to detailed product information; SKU Space delivers that data for a great shopping experience while growing the business opportunity for our clients and vendor partners,” said Tobias Hartmann, head of omnichannel operations at eBay Enterprise.
A multi-tenant, cloud-based solution, SKU Space automates the upload, exchange, and maintenance of product information and rich data for any product SKU. Through its browser-based web portal, or system-to-system integration, it exposes data-rich product catalogs and eliminates time-consuming and error-prone manual processes that lead to revenue impacting out-of-sync data.
The solution also makes it fast and simple for retailers and vendors to fine-tune their product mix and expand their marketplace.
SKU Space is not limited to VendorNet’s existing retail dropship network and client base; any vendor or retailer can leverage the solution to generate new business opportunities.