SAP has developed some crucial themes as it moves forward with their PLM vision and solution strategy. Product development lifecycles are shrinking, and managing the innovation process is becoming a broader requirement of manufacturers and retailers alike.
phase-based process methodologies; multilevel accounting; and integrations with human resources management (HRM), supplier relationship management (SRM), resource and portfolio management (RPM), financials, document management, and quality management. SAP xApp Resource and Portfolio Management ( SAP xRPM ), which allows for portfolio hierarchies, reviews, prioritization, scoring, and financial impact. Lifecycle process management : product development, development collaboration and strategic sourcing,