What is Product Development in SAP SRD-PLM-PD - PRO-PLM workcenter Product Development?

SAP Term: Product Development

• Component: SRD-PLM-PD

• Component Name: PRO-PLM workcenter Product Development

• Description: A scenario that enables you to develop new products and to improve the quality of existing products and processes.

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• Key Concepts: 
  Product Development is a component of the SRD-PLM-PD PRO-PLM workcenter. It is a tool used to manage the entire product development process, from concept to launch. It helps to streamline the process by providing a centralized platform for product development teams to collaborate and manage their projects. 
  
  How to use it: 
  Product Development can be used to create and manage product development projects. It provides a platform for teams to collaborate on product design, development, and testing. It also provides tools for tracking progress, managing resources, and monitoring project performance. 
  
  Tips & Tricks: 
  When using Product Development, it is important to ensure that all team members are aware of their roles and responsibilities. This will help ensure that the project is completed on time and within budget. Additionally, it is important to keep track of project milestones and deadlines in order to stay on track. 
  
  Related Information: 
  Product Development is part of the SAP SRD-PLM-PD PRO-PLM workcenter. Other components of this workcenter include Product Lifecycle Management (PLM), Product Costing, and Product Quality Management (PQM). Additionally, SAP offers a range of other tools and services related to product development, such as SAP Solution Manager and SAP Cloud Platform.