SAP PLM


What Is Product Lifecycle Management?

Product lifecycle management (PLM) includes the phases of managing a product from its inception until its disuse. These phases include design, material sourcing, manufacturing, and customer sale. A structured and collaborative PLM process is essential to ensure that all the necessary business units are included in product decision-making. A siloed approach to PLM leaves the company vulnerable to costly defects and development delays.

SAP Product Lifecycle Management

SAP offers its SAP Product Lifecycle Management (SAP PLM) solution to help companies design their products, bring them to market faster, and achieve larger profit margins.

What Is Product Lifecycle Management?

Product lifecycle management (PLM) includes the phases of managing a product from its inception until its disuse. These phases include design, material sourcing, manufacturing, and customer sale. A structured and collaborative PLM process is essential to ensure that all the necessary business units are included in product decision-making. A siloed approach to PLM leaves the company vulnerable to costly defects and development delays.

SAP Product Lifecycle Management

SAP offers its SAP Product Lifecycle Management (SAP PLM) solution to help companies design their products, bring them to market faster, and achieve larger profit margins.

Key capabilities of SAP PLM include:

  • Thorough portfolio management
  • Product cost calculation and simulation
  • Simulation-based digital twin and virtual sensors
  • Product collaboration and visualization.

Vendor partners for SAP PLM include: 1EQ, CENIT AG, CIDEON Software GmbH, Linx-AS LLC, and SEAL Systems.

Intelligent Product Lifecycle Management

With digital technologies now playing a critical role for companies, it’s not surprising that artificial intelligence, machine learning, and predictive analytics are being integrated into the PLM process. According to SAPinsider’s Intelligent PLM Benchmark Report, PLM “can provide strategic value to an organization, driving top- and bottom-line improvements across the product lifecycle. However, powered by analytics tools that allow critical information to be accessed quickly and easily, agile and intelligent PLM is poised to take the use of data and intelligence across the product lifecycle to a whole new level.”

Key Consideration for SAPinsiders

  • Inside a Multi-Phased SAP Digitization Journey II. Learn how Varian Medical Systems leveraged the SAP PLM solution to ensure its products were compliant with the European Union’s Restriction of Hazardous Substances (RoHS) Directive.
  •  Blue Diamond Growers Cultivates Quality. In an effort to transform its research and development (R&D) processes and reduce time to market for products, Blue Diamond Growers selected SAP PLM as the solution to integrate with its SAP ERP suite.
  •  Support for Connected Products Begins with Design. The design of connected products redefines R&D’s role in how it serves an evolving PLM strategy for a digital enterprise. Having real-time insights into a product’s ongoing performance presents a wealth of opportunities and challenges. To meet both, organizations must ensure R&D has the tools it needs to make smart decisions in support of smart products, the article argues.

11 results

  1. Supply Chain Sustainability

    Supply Chain Sustainability with Elise Caves

    Reading time: 1 min

    ESG has also become more prevalent as the formal frameworks for ESG have advanced. Over the past few years, some of the most prominent standard setters have issued guidance to help companies implement and compare their ESG efforts against the industry benchmark. New and innovative products have been launched that have helped accelerate adoption in…
  2. The New Age Supply Chain

    Reading time: 2 mins

    By Shashi Jina, Research Director, SAPinsider The New Age Supply Chain: Sustainability and Resource Optimization With an evolving and volatile global environment, stakeholders are placing greater focus on supply chain risks. Thus, there’s a greater demand to be more resourceful and conscientious of environmental and social needs. The COVID-19 pandemic in 2020 exposed underlying supply…
  3. Reimagine Innovation with SAPs “Enterprise Product Development

    Adopt a strategy to survive and thrive in current times of uncertainty. Reimagine your design processes and empower your enterprise to innovate, iterate, and introduce new products through closed looped insights, processes, and people. Capture the voice of your customer, analyze, and simulate your product design with insights through IoT and Machine Learning. This content…
  4. Inside a Multi-Phased SAP Digitization Journey II

    Reading time: 10 mins

    Mobile service provider Vodafone Group has grown tremendously since its creation 27 years ago. And in today’s booming mobile market, there is no foreseeable end in sight. But to continue to grow as a company, Vodafone needed to function more like a single entity, with common practices, centralized operations, and data sharing between operating companies.…
  5. Intelligent PLM Benchmark Report

    Reading time: 1 min

    Agile and Intelligent PLM is poised to take the use of data and intelligence across the product lifecycle to a whole new level. Discover what is driving adoption of Agile and Intelligent PLM, what sets Leaders apart, and what holds Laggards back. Gain the key requirements and steps to success. Product Lifecycle Management (PLM) can…...…
  6. Manufacturers Use Agile and Intelligent PLM to Reduce

    Reading time: 2 mins

    Recent SAPinsider research explores the confluence of technologies that has hit the supply chain management (SCM) market and benchmarked the technologies leading companies are using to support their SCM strategies. Here, we examine the ways in which Europ This content is available to (General or Premium) members. Sign in or Join for free! Sign In…
  7. Logistics and SCM: Case study: How Entegris built a successful road map for its global PLM journey

    Reading time: 1 min

    Learn how Entegris developed a strategic plan and gained quick wins along its current path to a full SAP Product Lifecycle Management (SAP PLM) deployment on the latest SAP technology platform. SCM2017_Keefe_Casestudyhowentegrisbuilt Jim Keefe If you have comments about this article or publication, or would like to submit an article idea, please contact the editor…....…
  8. Digitize and Streamline Your New Product Introduction (NPI) Processes for More Agile Manufacturing

    Reading time: 2 mins

    Manufacturing is undergoing massive change due to omnichannel shopping, heightened customer demand, and more transparency and speed needed in the manufacturing process. Smaller, more agile start-ups are disrupting the territory that has long been held by large organizations. Learn how to digitize and streamline your SAP system data to gain the agility needed in today's…
  9. Blue Diamond Growers Cultivates Quality

    Reading time: 10 mins

    With a rapidly growing business that had reached the limits of its mostly manual, paper-based product development processes, Blue Diamond Growers — the world’s leading almond marketer and processor — needed a reliable, efficient way to ensure the accuracy of data throughout the organization. Most of the information used by different groups within the company…
  10. Support for Connected Products Begins with Design

    Reading time: 8 mins

    With demand for customized products growing each day, and the Internet of Things (IoT) enabling real-time insight into smart, connected products, product designers are facing a new world of research and development (R&D). Not only must products provide ongoing usefulness to the customer, they must inform R&D on how to make any necessary adjustments to…