What is product hierarchy in SAP CRM-MD - Master Data?

SAP Term: product hierarchy

• Component: CRM-MD

• Component Name: Master Data

• Description: A flat or multi-level structure used to group together product categories. Complex product ranges can be represented using multi-level hierarchies.

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• Key Concepts: 
  Product hierarchy is a feature of the CRM-MD Master Data component of SAP. It is a way to organize products into categories and subcategories, allowing users to easily find and access the products they need. The product hierarchy can be used to create a product catalog, which can be used to quickly search for and access products. 
  
  How to use it: 
  Product hierarchy can be used to create a product catalog in SAP. To do this, users must first create a product hierarchy in the CRM-MD Master Data component. This can be done by creating categories and subcategories for the products. Once the product hierarchy is created, users can then add products to the catalog by assigning them to the appropriate category or subcategory. 
  
  Tips & Tricks: 
  When creating a product hierarchy, it is important to keep it organized and easy to navigate. This will make it easier for users to find and access the products they need. It is also important to keep the product hierarchy up-to-date, as new products may need to be added or existing products may need to be removed. 
  
  Related Information: 
  For more information on product hierarchy in SAP, please refer to the SAP Help Portal or contact your local SAP representative.