SAP PRODUCT LIFECYCLE MANAGEMENT
Product Lifecycle Management (PLM) is the process of managing the entire lifecycle of a product from inception, through engineering design and manufacture, to service and disposal of manufactured products.
PRODUCT LIFECYCLE MANAGEMENT
Through PLM, companies have complete access to information for their products and supply chain enterprise. As organizations expand into competitive global markets, adoption of PLM helps to overcome both engineering challenges and increased complexity of the market. PLM also helps facilitate automation in management and production, eliminating wastage and boosting efficiency.
Product Lifecycle Management in SAP helps organisations quickly develop and deliver the products that drive their business. SAP PLM provides all round support for all product related processes from beginning of life cycle with product ideation to manufacturing and service. PLM has vast scope iin the industry, ranging from Product management to new product development to data management and quality management.