What is product types in SAP IS-OIL-UOM-MD - UOM Master Data?

SAP Term: product types

• Component: IS-OIL-UOM-MD

• Component Name: UOM Master Data

• Description: Product types are materials that are either produced from or injected into wells. They are usually the following: Oil Water Gas/natural gas methane, ethane, propane, natural gas liquids Condensate Carbondioxide, CO2 Sour gas, H2S Nitrogen, N Sediment Chemicals for enhanced oil recovery EOR or inhibition.

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• Key Concepts: 
  Product types are used in SAP to classify materials and services. They are used to group similar items together and to determine the characteristics of the items. Product types are assigned to materials and services in the Material Master and Service Master. 
  
  How to use it: 
  In the IS-OIL-UOM-MD UOM Master Data component, product types are used to define the unit of measure for a material or service. This is done by assigning a product type to a material or service in the Material Master or Service Master. The product type will then determine the unit of measure for that material or service. 
  
  Tips & Tricks: 
  When assigning a product type to a material or service, it is important to ensure that the product type is appropriate for that material or service. This will ensure that the correct unit of measure is assigned to the material or service. 
  
  Related Information: 
  Product types can also be used in other components, such as pricing, inventory management, and sales order processing. For more information on product types and how they are used in SAP, please refer to the SAP Help documentation.