What is product modeling environment in SAP CRM - Customer Relationship Management?

SAP Term: product modeling environment

• Component: CRM

• Component Name: Customer Relationship Management

• Description: Environment for master data maintenance of product configuration data. Component of SAP Internet Pricing and Configurator.

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• Key Concepts: 
  Product modeling environment (PME) is a component of SAP CRM Customer Relationship Management that enables users to create and manage product models. It allows users to define product characteristics, such as pricing, availability, and delivery options, and to create product hierarchies. PME also provides a graphical user interface for creating and managing product models. 
  
  How to use it: 
  To use PME, users must first define the characteristics of their products. This includes defining pricing, availability, and delivery options. Once the characteristics are defined, users can then create product hierarchies by linking related products together. Finally, users can use the graphical user interface to create and manage product models. 
  
  Tips & Tricks: 
  When creating product models in PME, it is important to ensure that all of the necessary information is included. This includes pricing, availability, and delivery options. Additionally, it is important to ensure that the product hierarchies are properly linked together. 
  
  Related Information: 
  For more information about PME, please refer to the SAP CRM Customer Relationship Management documentation. Additionally, there are many online resources available that provide tutorials and tips for using PME.