Integral to SAP Product Lifecycle Management (SAP PLM) are features and functions for enterprise asset management. These features and functions enable project managers, maintenance engineers, and others to manage physical assets and equipment – from first investment idea to start of operation to retirement of the asset.

SAP PLM supports the selection, purchase, and installation of equipment based on performance, ease of maintenance, and manufacturer support. It also lets you manage equipment modifications, upgrades, and refurbishment. Tools for monitoring work-order backlogs keep you informed of the condition of assets and the status of maintenance work.

SAP PLM tracks the costs of individual assets and aggregates them to the level of an entire production line or plant. This supports decision-making and helps you achieve the lowest total cost of ownership. You can even use historical cost data to determine the optimal time to replace equipment.

In addition, you can access drawings, manuals, service bulletins, and parts information over the Internet. This includes the creation and maintenance of Web-based illustrated parts catalogs. Integrated e-procurement features make it easy to order supplies. Inventory management capabilities help optimize the performance of key equipment.

Finally, support for mobile business means you can access information via PDAs, smart phones, and other mobile devices to make decisions in the field.