Concept and Need of Retail product hierarchy

Concept and Need of Retail product hierarchy

Scenario:- Lars is the Procurement manager and he wants to group or categories the products in a logical or systematic way for trade purpose. Retail Ax 2012 will come up with the New concept called Product Retail product categories.

Features :- Main advantages are,

• Assign the similar category products (Ex:- High end mobiles)
• Can maintain the Price details, Warehouse details, Coverage groups.
• Can assign the Retail product properties like Dimension groups (Tracking and Storage) and most importantly can assign the POS terminals details.(Including replenishment ) 
• Off course in standard Ax 2012 way, we can assign the Vendor categories.