What is product in SAP SUS-PFM - Product Footprint Management?

SAP Term: product

• Component: SUS-PFM

• Component Name: Product Footprint Management

• Description: A master data object, including raw materials, semi-finished goods, finished goods, and services, for which a footprint is calculated.

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• Key Concepts: 
  Product Footprint Management (PFM) is a component of SAP S/4HANA that enables companies to manage their product portfolio and related data. It provides a comprehensive view of the product lifecycle, from design to production to delivery. It also helps companies to identify and manage product-related risks, such as compliance and sustainability. 
  
  How to use it: 
  Product Footprint Management can be used to track the entire product lifecycle, from design to production to delivery. It can be used to identify and manage product-related risks, such as compliance and sustainability. It also provides insights into the cost of production, the impact of changes in the market, and the potential for new products or services. 
  
  Tips & Tricks: 
  When using Product Footprint Management, it is important to ensure that all relevant data is captured and tracked accurately. This includes product specifications, pricing information, supplier information, and any other relevant data. Additionally, it is important to regularly review the data in order to identify any potential risks or opportunities. 
  
  Related Information: 
  Product Footprint Management is part of SAP S/4HANA's suite of products and services. Other components include Supply Chain Management (SCM), Manufacturing Execution (MES), and Business Intelligence (BI). Additionally, SAP offers a range of consulting services related to Product Footprint Management, such as implementation support and training.