What is SAP PLM?

SAP PLM (Product Lifecycle Management) is a software solution that helps organizations manage all aspects of a product's lifecycle, from initial concept and design through manufacturing, distribution, service, and eventual obsolescence. It provides a central repository for product-related data, facilitates collaboration across departments, and streamlines processes related to product development and introduction. SAP PLM is commonly used to improve product quality, reduce time to market, lower costs, and ensure regulatory compliance.