What is assortment type in SAP CRM-MD - Master Data?

SAP Term: assortment type

• Component: CRM-MD

• Component Name: Master Data

• Description: A classification that defines whether an assortment contains a product or product grouping. It also specifies the type of product grouping, for example: &EXAMPLE& Product Category Product Catalog

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• Key Concepts: 
  Assortment type is a component of the CRM-MD Master Data module in SAP. It is used to define the characteristics of a product assortment, such as the product range, product categories, and product groups. It also helps to determine the pricing and availability of products in a particular assortment. 
  
  How to use it: 
  To use assortment type, first create an assortment type in the CRM-MD Master Data module. Then assign products to the assortment type and define the characteristics of the assortment. Finally, set up pricing and availability rules for the products in the assortment. 
  
  Tips & Tricks: 
  When creating an assortment type, it is important to consider how it will be used in order to ensure that all relevant information is included. Additionally, it is important to keep track of changes made to an assortment type over time in order to ensure that all relevant information is up-to-date. 
  
  Related Information: 
  For more information on using assortment type in SAP, please refer to the SAP Help Portal or contact your SAP support team.