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Welcome to the seventh episode of our PLM Myths Vs. Truths series. Today, we’re addressing the often-heard assertion, “PLM is really just for physical products (product-based industries).” This video explores the validities and depths of this statement, offering insights, examples, and expert perspectives to clarify this prevalent myth.
From the role of SAP PLM in diverse sectors to how it’s transforming a host of business processes and driving efficiency, this video will enlighten you about the wider applicability of PLM beyond just physical products and their associated industries. Leading PLM professionals like Ulf Petzel, Eudes Canuto, Andreas Madlencnik, Carsten Dietze-Selent and Stefan Ziegler weigh in on this topic, using their years of experience to shed light on PLM versatility.
This valuable episode is a part of our ongoing 8-part series, where we aim to debunk common misconceptions around Product Lifecycle Management (PLM).
? Timestamps:
00:00 – Introduction to the Myth
00:07 – The Debate: Is PLM Really Just for Physical Products?
00:13 – Quick Verdict: It’s a Myth
00:29 – Expanding on ‘Products’: Software as a Product
01:02 – Various Product Types & Their Lifecycle
01:50 – Tackling Discrete vs Process Industry
02:13 – Implementation of PLM in Diverse Industries
02:55 – Not Confined to Physical Products: The Verdict
03:12 – The Evolution and Progress of PLM
? Check out our SAP PLM website: https://sap.to/6054bLmdO
? Watch the entire PLM video series on the SAP Community Channel: https://sap.to/6056bLmdu
Stay tuned for the final episode in our series as we delve into more interesting aspects of PLM and debunk prevailing myths.
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