The Business Term is currently awaiting approval by the Data Governance Committee.
🏢STRUCTURE FOR PURCHASING
Domains of the material groups are calculated from the segments assigned to the material groups. "Domain" is the third and last level of the category taxonomy. |
SAP & CVG & & SRM & WBP |
Reference Data |
Internal Data |
| 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 |