What is partner/product range ranking in SAP CRM-MD - Master Data?

SAP Term: partner/product range ranking

• Component: CRM-MD

• Component Name: Master Data

• Description: Describes the priority of a partner/product range. If more than one partner/product range exists for a business partner or business partner hierarchy node, the priority determines which partner/product range is valid for certain products within a certain time period. The lower the ranking number, the higher the priority of the partner/ product range is.

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• Key Concepts: 
  Partner/Product Range Ranking is a feature of the CRM-MD Master Data component of SAP. It allows users to assign a numerical ranking to partners and products, which can then be used to prioritize certain partners or products over others. This ranking system can be used to determine which partners or products should be given priority when making decisions or taking actions. 
  
  How to use it: 
  Partner/Product Range Ranking is accessed through the CRM-MD Master Data component of SAP. To assign a numerical ranking to a partner or product, users must first select the partner or product from the list of available options. Once selected, users can then assign a numerical ranking from 1-10, with 1 being the highest priority and 10 being the lowest priority. 
  
  Tips & Tricks: 
  When assigning numerical rankings to partners or products, it is important to consider the context in which the rankings will be used. For example, if the rankings are being used to prioritize customer service requests, then higher ranked partners or products should be given priority over lower ranked ones. 
  
  Related Information: 
  Partner/Product Range Ranking is just one of many features available in the CRM-MD Master Data component of SAP. Other features include customer segmentation, product categorization, and pricing rules. All of these features can be used together to create a comprehensive customer relationship management system.