What is process in SAP PLM-PLC - Product Lifecycle Costing?

SAP Term: process

• Component: PLM-PLC

• Component Name: Product Lifecycle Costing

• Description: A logistic operation that groups a continuous and connected series of activities together in a routing and is usually executed on one work center. A process can also be used to allocate indirect costs such as administrative, packaging, or human resources costs, to a product.

Smart SAP Assistant

• Key Concepts: 
  Process in the context of PLM-PLC Product Lifecycle Costing is a set of activities that are performed in order to achieve a desired outcome. It involves the use of resources such as people, materials, and machines to complete the task. The process is designed to be efficient and cost-effective. 
  
  How to use it: 
  Processes can be used to manage the lifecycle of a product from conception to retirement. This includes activities such as product design, development, testing, manufacturing, distribution, and maintenance. The process should be designed to ensure that all activities are completed in an efficient and cost-effective manner. 
  
  Tips & Tricks: 
  When designing a process for PLM-PLC Product Lifecycle Costing, it is important to consider the resources available and the desired outcome. It is also important to consider the potential risks associated with each step of the process and how they can be mitigated. Additionally, it is important to ensure that the process is flexible enough to accommodate changes in the environment or customer needs. 
  
  Related Information: 
  Processes are an integral part of any successful business. They provide structure and consistency which can help reduce costs and improve efficiency. Additionally, processes can help ensure that products are developed in a timely manner and meet customer expectations.