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

SAP Term: supplier hierarchy

• Component: SLC-SUP

• Component Name: Supplier Data Management

• Description: A hierarchical structure of suppliers that allows you to represent dependencies between suppliers.

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• Key Concepts: 
  Supplier hierarchy is a feature of the SLC-SUP Supplier Data Management component of SAP. It allows users to create and manage a hierarchical structure of suppliers, which can be used to group suppliers into categories and subcategories. This structure can be used to simplify the process of managing supplier data, as well as to provide a more organized view of supplier information.
  
  How to use it: 
  To use the supplier hierarchy feature, users must first create a hierarchical structure of suppliers. This can be done by creating a parent supplier and then adding child suppliers to it. The parent supplier will act as the top-level supplier in the hierarchy, while the child suppliers will be grouped under it. Once the structure is created, users can then assign different attributes to each supplier in the hierarchy, such as contact information, payment terms, and more.
  
  Tips & Tricks: 
  When creating a supplier hierarchy, it is important to keep in mind that each supplier should have its own unique attributes. This will help ensure that all suppliers are properly categorized and that their data is accurately represented in the system. Additionally, it is important to keep the hierarchy organized and up-to-date, as this will make it easier for users to find and manage supplier data.
  
  Related Information: 
  For more information on how to use the supplier hierarchy feature in SAP SLC-SUP Supplier Data Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.