Business Term Status
The Business Term is currently validated by the Data Governance Committee.
Subdomain
🏢STRUCTURE FOR PURCHASING
Business Term Definition
Grand domain is similar to domain except that technical goods and technical services are grouped and out of purchasing scope is considered. |
Roles
Data Sources, Type and Classification
OUT |
Reference Data |
Internal Data |
Related Business Terms
| Business Term | Description | Link |
|---|---|---|
| Category Taxonomy | Scheme of classification of purchased goods and services related to the supply market. It enables category management, in aligning business goals and customer requirements with supply market capability and maximizing long-term value for the organization. This is achieved by using a three-level hierarchy consisting of domain, segment and material group. The domain and segment hierarchy is designed to be common and unique for vendors and items (goods and services). | Category Taxonomy |