What is product hierarchy in SAP IS-R - SAP for Retail?

SAP Term: product hierarchy

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Alphanumerical character string for grouping materials by combining different characteristics.

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• Key Concepts: 
  Product hierarchy is a feature of the IS-R SAP for Retail component that allows users to organize products into a hierarchical structure. This structure can be used to group products into categories, subcategories, and other levels of organization. This helps users quickly find and access the products they need. 
  
  How to use it: 
  Product hierarchy can be used to create a tree-like structure of products. This structure can be used to group products into categories, subcategories, and other levels of organization. Users can then easily navigate through the product hierarchy to find the product they need. 
  
  Tips & Tricks: 
  When creating a product hierarchy, it is important to consider how users will use the structure. Think about how users will navigate through the hierarchy and what type of information they will need to access quickly. This will help ensure that the product hierarchy is easy to use and efficient. 
  
  Related Information: 
  The product hierarchy feature is part of the IS-R SAP for Retail component. Other features of this component include inventory management, pricing management, and customer relationship management.