What is product range in SAP SLC-CAT - Category Management?

SAP Term: product range

• Component: SLC-CAT

• Component Name: Category Management

• Description: A range of specific products delivered by a supplier. In SAP Supplier Lifecycle Management, the product range of a supplier can be maintained by suppliers by adding "product categories" and by category managers by adding "standard product classifications". The term "standard product classification" is only used on the buy side of SAP Supplier Lifecycle Management. On the sell side, the more general term "product category" is used instead.

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• Key Concepts: 
  Product range is a term used in SAP SLC-CAT Category Management. It refers to the range of products that a company offers for sale. This range can include items such as raw materials, finished goods, and services. The product range is used to define the scope of a company's offerings and to help customers find the right product for their needs. 
  
  How to use it: 
  Product range is used in SAP SLC-CAT Category Management to define the scope of a company's offerings. Companies can use product range to create categories of products that are related to each other, such as raw materials, finished goods, and services. This helps customers find the right product for their needs. 
  
  Tips & Tricks: 
  When creating a product range, it is important to consider the customer's needs and preferences. Companies should also consider the cost of production and distribution when creating a product range. Additionally, companies should ensure that their product range is up-to-date with current trends and technologies. 
  
  Related Information: 
  SAP SLC-CAT Category Management also includes features such as pricing rules, product lifecycle management, and inventory management. These features can help companies manage their product ranges more effectively and efficiently. Additionally, companies can use SAP SLC-CAT Category Management to analyze customer data and create targeted marketing campaigns.