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

SAP Term: product role

• Component: CRM-MD

• Component Name: Master Data

• Description: Enables the system to automatically determine how a product hierarchy can be defined, and the resulting handling of products in service provider business processes. There are three types of product role: sales package combined rate plan rate plan

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• Key Concepts: 
  Product role is a term used in the SAP CRM-MD Master Data component. It is a way of categorizing products and services into different roles, such as customer-facing, internal, or supplier-facing. This helps to organize and manage products and services more effectively. 
  
  How to use it: 
  Product roles can be assigned to products and services in the SAP CRM-MD Master Data component. This can be done by selecting the product or service and then assigning it to a specific role. The roles can then be used to filter and search for products and services more easily. 
  
  Tips & Tricks: 
  When assigning product roles, it is important to consider the purpose of the product or service. This will help ensure that the correct role is assigned and that the product or service can be found easily when needed. 
  
  Related Information: 
  Product roles are closely related to product categories, which are also used in the SAP CRM-MD Master Data component. Product categories are used to group products and services into broader categories, while product roles are used to assign specific roles to individual products and services.