PLM in ERP stands for Product Lifecycle Management. It is a process that helps businesses to manage the entire lifecycle of a product, from its conception and development to its eventual retirement.
PLM is a critical part of any ERP system because it helps to ensure that all of the data and information related to a product is centrally managed and coordinated. This, in turn, helps to improve efficiency and productivity, and can also help to reduce costs.
There are many different software solutions that offer PLM capabilities, and choosing the right one for your business can be a daunting task. However, it is important to select a solution that is integrated with your ERP system, as this will make it much easier to manage all of your product data in one place.
If you are looking for a PLM solution that is integrated with SAP Business One, I would recommend checking out Kovaion's KovaPLM. KovaPLM is a powerful and user-friendly solution that offers a wide range of PLM capabilities, and it is fully integrated with SAP Business One.
Feel free to check out the KovaPLM website for more information: https://www.kovasys.com/kovaplm/