Product Portfolio Management Tools (PPMT) are designed to help organizations manage the products and services they provide. These tools can provide a comprehensive view of the entire product portfolio and its performance, allowing businesses to identify areas for improvement and maximize their investments.
PPMT is “software used to identify, evaluate, and manage the product portfolio of an organization.” PPMT can be used to assess the performance of products and services, analyze customer needs and preferences, and evaluate the impact of any changes to the product portfolio. Additionally, PPMT can help organizations track product development and manage their portfolio strategically.
By utilizing PPMT, businesses can optimize their investments and ensure they are providing their customers with the best products and services available. This can also lead to an increase in customer satisfaction and a greater return on investment.