What is territory hierarchy in SAP CRM-MD-TM - Territory Management?

SAP Term: territory hierarchy

• Component: CRM-MD-TM

• Component Name: Territory Management

• Description: A hierarchy of territories used in . It can comprise several levels, for example: Level 0: Country Level 1: Product Line Level 2: Region Level 3: Area

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• Key Concepts: 
  A territory hierarchy is a structure used in SAP CRM-MD-TM Territory Management to organize territories and assign them to sales representatives. It is a hierarchical tree structure that allows for the grouping of territories into larger regions, such as countries, states, or districts. The hierarchy can be used to assign sales representatives to specific territories and to track performance across different levels of the hierarchy. 
  
  How to use it: 
  The territory hierarchy can be used to assign sales representatives to specific territories. This can be done by creating a new territory hierarchy and assigning sales representatives to each level of the hierarchy. The hierarchy can also be used to track performance across different levels of the hierarchy, such as countries, states, or districts. 
  
  Tips & Tricks: 
  When creating a territory hierarchy, it is important to consider the size and complexity of the organization. A complex organization may require multiple levels of the hierarchy in order to accurately track performance across different levels. Additionally, it is important to consider how often the hierarchy will need to be updated in order to keep up with changes in the organization. 
  
  Related Information: 
  For more information on SAP CRM-MD-TM Territory Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/CRM_MD_TM/7.0/en-US.