Friday, September 5, 2014

Product Master



PRODUCT MASTER
 SAP CRM provides product master for the management of products part of different business processes in your organization
 In terms of SAP CRM, Products are goods that are the object of your company's business activities.
SAP CRM Product master can be used to maintain and retrieve all information on the products that your organization purchases or sells
SAP CRM supports up to six different types of product

Following are the SAP standard Product Types:

1)Material  - Material master data usually is created in the ERP system and transferred to SAP CRM. It is possible, though to create a material master in SAP CRM and transfer it to SAP ERP

2)Services - Describes a Service, e.g. a repair or maintenance.

3)Warranties - Warranties usually are assigned to Installed Base components

4)Financing - can describe a leasing object.

5)IP  - Intellectual Property - for Media Industry Solution : example copyright, trademark



Out of these product types IP and Financing are industry specific

Every company deals with two different types of products

Tangible and  intangible Products
Tangible: The product which we can see and touch (physical products)
Intangible: Products which we cannot see like software ,service etc..

 There are different types of material like
Raw material
Semi finished
Finished products
Trading goods
Packaging materials
Perishable Products eatable)
Hazard Material (explosives) 
etc.......

T-code for the product creation COMMPR01.

 

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