What is hierarchy type in SAP SLC-SUP - Supplier Data Management?

SAP Term: hierarchy type

• Component: SLC-SUP

• Component Name: Supplier Data Management

• Description: A representation of a supplier structure. More than one representation of a supplier structure for the same supplier is allowed. A supplier structure can be represented, for example, from a legal or from a management point of view.

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• Key Concepts: 
  Hierarchy type is a feature of the SLC-SUP Supplier Data Management component of SAP. It is used to define the structure of a supplier hierarchy, which is a way of organizing suppliers into different levels. The hierarchy type defines the number of levels in the hierarchy, as well as the type of data that can be stored at each level. 
  
  How to use it: 
  To use the hierarchy type feature, first create a new hierarchy type in the SLC-SUP Supplier Data Management component. Then, create a new supplier hierarchy and assign it to the newly created hierarchy type. Finally, add suppliers to the hierarchy and assign them to different levels according to their data. 
  
  Tips & Tricks: 
  When creating a new supplier hierarchy, it is important to consider how many levels are needed and what type of data should be stored at each level. This will help ensure that the hierarchy is organized in an efficient and effective way. 
  
  Related Information: 
  For more information on how to use the hierarchy type feature in SLC-SUP Supplier Data Management, please refer to SAP's official documentation.