Product Lifecycle Management in SAP S/4 HANA

Product Lifecycle Management (PLM) in SAP S/4 HANA is a module that supports the management of products from ideation to obsolescence. It is a comprehensive solution that helps businesses optimise their product development processes, reduce time-to-market, and ensure compliance with regulatory requirements.

Some of the key features of Product Lifecycle Management in SAP S/4 HANA include:

• Product Data Management (PDM): SAP S/4 HANA PLM enables users to manage all product-related data in a centralised repository, including CAD files, specifications, and bills of material (BOMs).
  
  
• Product Structure Management (PSM): With PSM, users can define and manage the structure of their products, including their BOMs, routings, and work instructions.
  
  
• Engineering Change Management (ECM): ECM in SAP S/4 HANA allows users to track and manage changes to product designs, specifications, and other related data.
  
  
• Variant Configuration Management (VCM): VCM enables users to manage complex product configurations and variations, allowing them to quickly create and update customised products.
  
  
• Quality Management (QM): SAP S/4 HANA PLM provides extensive quality management capabilities, including quality planning, inspection planning, and defect management.
  
  
• Project Management (PM): With PM, users can plan and manage projects related to product development, including task management, resource allocation, and budgeting.
  
  
• Document Management (DM): DM in SAP S/4 HANA allows users to manage all product-related documents, including drawings, manuals, and specifications.
  
  

What benefits does Product Lifecycle Management in SAP S/4 HANA provide to your organisation?

• Improved Collaboration: With PLM, teams from different departments and locations can collaborate seamlessly on product development, design, and production, resulting in faster time-to-market.
  
  
• Reduced Costs: PLM helps organisations to minimise the number of product iterations and design errors, leading to lower development and production costs.
  
  
• Increased Efficiency: By providing a centralised repository for all product-related data and documents, PLM helps to reduce the time and effort required for data management, enabling employees to focus on more value-added activities.
  
  
• Better Product Quality: PLM allows organisations to establish standardised product development and testing processes, leading to better product quality and higher customer satisfaction.
  
  
• Improved Regulatory Compliance: With PLM, organisations can ensure that their products comply with regulatory requirements, reducing the risk of non-compliance penalties.
  
  
• Enhanced Visibility: PLM provides real-time visibility into product data and processes, allowing organisations to make informed decisions based on accurate and up-to-date information.

With the help of FusionGraph it's easy to discover and understand new functionality like this and add it to your business case for S/4HANA migration. 

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