PRODUCT LIFECYCLE MANAGEMENT
Design individualized products more rapidly and shift towards mass customization with SAP tools for product lifecycle management (PLM). Empower assessments to be taken quicker and easier on product design to satisfy highly complex and individualized consumer needs with SAP Product Lifecycle Management (SAP PLM) .
SAP’s Product Lifecycle Management lets companies produce and deliver the products that fuel their company rapidly. From the beginning of the life cycle with product ideation through production and operation, SAP PLM offers all round assistance for all product related processes. In the market, PLM has broad reach, from inventory management to innovative product creation to data management and quality management.
1. Enterprise Product Development
Empower the company to create, iterate, and launch new products quicker by integrating ideas, frameworks, and people. To minimize time to production, digitalize product development-from design to run for isolated producers and model to ingest for process producers. The SAP Enterprise Product Development approach accelerates product development, speeds time to value, and lowers costs that incorporates cloud platforms for collaboration, interconnected products, engineering, development, and visualisation.
2. Product Engineering
Combine electrical and mechanical and electronic structure information on a unified platform and allow collaboration across disciplines. You can combine business data from SAP software with design knowledge from Mechanical Computer Assisted Design (MCAD) and Electrical and Electronic Computer Aided Design (ECAD) software and other simulation resources with the SAP Engineering Control Center. Boost your deployment and push ROI by collaboration with industry specialists, advisors, and support engineers throughout your journey.
3. Product Costing
Using a versatile user interface to create cost structures and simulations, optimize expenditures and increase sales. In the early stages, ensure potential product margins, as the concept is changing and master data is incomplete. You can achieve insight across departments, proactively control costs, and help innovative product technologies and customer-specific engineered goods with the SAP Product Lifecycle Costing approach.
4. Product Portfolio Management
With unified processes and information, maximize capital and bring new goods and services to market quicker. Manage from a single source the entire project lifecycle. From estimating and preparation to accounting and closing, keep the portfolio on track. Profitable production of new goods and services by leveraging capital and accelerating time to market. Tap into scalable support for the operations of your business portfolio and project management (EPPM) and effortlessly combine financial and logistic data.
5. Commercial Project Management
Using a shared project workspace and streamlined planning, improve project feasibility and mitigate risk. Support the teams, whether they are in the same building or halfway around the world, organize, handle and work on projects. You can reach optimum productivity with the SAP Industrial Project Management application and respond to improvements easily to prevent unplanned costs.
6. Project Network
Set up a Common Data Environment (CDE) to digitize project knowledge sharing and to communicate with a digital twin. Streamline the organization of millions of components with a collaboration framework for construction knowledge modeling (BIM). Link on a common BIM integration channel with project managers, infrastructure service providers, contractors, subcontractors, and construction material suppliers to reduce duplication and rework and improve efficiency with the SAP Project Information Network app.
Project portfolio management
- Comprehensive portfolio management Submit project plans, coordinate them with the existing portfolio of projects and track their development and evaluate them. For a fast and accurate rundown of the full portfolio, spanning from resources to initiatives and programs. Simplify enterprise project portfolio management (EPPM) to obtain a full view into capital spending, R&D efficiency, and capability of specialist and IT services.
- Project management Manage tasks, programs, and schedules while defining key routes, allocating money, and measuring progress. Access software to manage anything from visualization to project structuring and scheduling. Supporting numerous models of deployment and finance management such as Six Sigma, step doors, vital path, and excellence in product and cycle time (PACE).
- Resource management and optimisation Identify the appropriate tools, verify availability, maximize use, and prevent bottlenecks in projects. With the right tools, execute the correct project. Based on project requirements, skills, and availability, maximize your person, money, and equipment properties. Identify and deploy potential resource demands according to organizational configuration, location, capacity, and business needs.
Product costing
- Product cost calculation and simulation Use SAP HANA to endorse modern, real-time cost estimation. Allow manual override and recalculation features to perform measurements flexibly. Allow versioning, simulating what-if, and costing goals.
- Data modelling and extensibility Using attributes, fields and formulas that are personalized. Access several breaks of cost sheets and parts. Managing the management of local master details as well as implementation enterprise and Microsoft Excel software.
- Comprehensive pricing features For components and operations, use the price selection technique. Promote multiple currencies and proportions. Using any set of expense sheets to measure operating costs.
Commercial project management
- Shared project workspace. Using a single point of project visibility and command, access real-time project data. Share with all team participants the same vision of each project. Quickly produce project progress reports using embedded analytics features.
- Project cost and revenue planning Improve the accuracy of assessment, preparation, and forecasting, and prepare for required staff, supplies, expenditures, and services from third parties. Unify the management of financials during project life cycles. Create detailed costs and sales plans for the baseline.
- Project issue and change management Manage and track demands for improvement and their financial effect to ensure successful execution of the project and customer satisfaction. Quickly and reliably document and clarify project queries. Reduce inefficient procedures based on manuals and spreadsheets.
Product engineering
- Interface for authoring tools Get a full rundown of all SAP information available, including links to material master data and material data bills. Using versatile, user-specific folder frameworks with the features of drag and drop and copy and paste. To ease the navigation, use context-sensitive pull-down lists.
- Comprehensive integration features For professional authoring programs, implement stable and tested integration technologies. Adapt to various CAD framework specifications and data templates. Benefit from file handling with high efficiencies.
- Intelligent process support Allow all product creation details to be addressed comprehensively. Provide the layout of a context-based menu and interface instructions. Using robust search features, including classifying, active list search, and automated text searches that display results as previews or lists.
Project network
- Project plan coordination
- Task and issue management
- Project document control
Product development
- Requirements acquisition and management
Tackle the complexity of rising differences in products and multidisciplinary production of smart products. Drive productivity in design and growth by integrating enterprise-wide engineering data and market data. Deal successfully with enterprise-wide product systems.
- Product collaboration and enterprise visualisation
Accomplish safe and seamless communication on organized and unstructured product data. Drive productivity in utility collaboration, such as workflows, project planning, built-in support for 3D viewers, and redlining. Increase accountability and reduction of risk by collaboration with the right suppliers.
- Simulation-based digital twin and virtual sensors
Empower individuals with next-generation visual cloud technologies to be more efficient. To deliver a model-based business, link 3D CAD data to ERP and master data, from design to function and service. Improved preparation, implementation of production, operation, and first-time fixed critical asset prices.