SAP Product Lifecycle Management (PLM) is a software application that helps companies manage the entire lifecycle of a product, from ideation and development to commercialization and end-of-life.
SAP PLM provides a central platform for managing all product-related information, including engineering data, bills of material, documentation, quality data, and more. It also integrates with other SAP applications, such as SAP ERP, to provide a complete picture of a product's lifecycle.
SAP PLM can help companies improve product quality, shorten development times, and increase profitability. It can also help companies comply with regulatory requirements and manage product complexity.