What is market hierarchy in SAP IS-R-DM - Demand Management?

SAP Term: market hierarchy

• Component: IS-R-DM

• Component Name: Demand Management

• Description: Representation of how the retailer manages the business. It is typically represented by a cross section of the business’s product and store hierarchies.

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• Key Concepts: 
  Market hierarchy is a component of SAP IS-R-DM Demand Management. It is a hierarchical structure that allows users to group and organize markets according to their needs. This structure can be used to define the relationships between different markets, such as parent-child relationships, and to assign attributes to each market. 
  
  How to use it: 
  The market hierarchy can be used to create a hierarchical structure of markets and assign attributes to each market. This structure can then be used to analyze and report on the performance of different markets. Additionally, the market hierarchy can be used to define relationships between different markets, such as parent-child relationships. 
  
  Tips & Tricks: 
  When creating a market hierarchy, it is important to consider the needs of the user. The structure should be designed in such a way that it is easy to understand and navigate. Additionally, it is important to ensure that all relevant attributes are assigned to each market in order to facilitate accurate analysis and reporting. 
  
  Related Information: 
  The market hierarchy component of SAP IS-R-DM Demand Management is closely related to other components such as product hierarchy and customer hierarchy. These components can be used together in order to gain a comprehensive understanding of the performance of different markets.