What is product version in SAP LO-CM - Configuration management?

SAP Term: product version

• Component: LO-CM

• Component Name: Configuration management

• Description: Representation of a specific processing status of all objects, such as materials, bills of material, and classes, that describe a product at a specific point in time in the product life-cycle phase.

Smart SAP Assistant

• Key Concepts: 
  Product version is a term used in SAP's LO-CM Configuration Management component. It is a version of a product that is released to the public. It contains all the features and functions of the product at the time of its release. 
  
  How to use it: 
  Product versions are used to track changes in a product over time. When a new version of a product is released, it will have different features and functions than the previous version. This allows users to keep track of the changes that have been made to the product over time. 
  
  Tips & Tricks: 
  When using product versions, it is important to keep track of which version you are using. This will help you ensure that you are using the most up-to-date version of the product. 
  
  Related Information: 
  For more information on product versions, please refer to SAP's LO-CM Configuration Management documentation.