Do you know how to add new values at an Item Hierarchy Level at HQ?

Do you know how to add new values at an Item Hierarchy Level at HQ?

Meaning of Item Hierarchy Level:

Item hierarchy level refers to the level of classification or grouping of products in a hierarchical structure. In retail businesses, this hierarchy can include various levels such as department, category, subcategory, and individual product. Each level represents a more detailed and specific classification of the products.


For example, at the highest level, products might be classified into departments such as electronics, apparel, and home goods. Within the electronics department, products might be further classified into categories such as TVs, computers, and cameras. Under the TVs category, there might be subcategories such as LCD, LED, and plasma TVs. Finally, at the lowest level, there would be individual products such as a specific model of a 55-inch LED TV.


The item hierarchy level is important because it allows retailers to manage their inventory, sales, and promotions more effectively. By grouping products into logical categories and subcategories, retailers can analyze sales data and make informed decisions about which products to stock, how to price them, and how to promote them to customers. It also allows for better organization and navigation of products for both customers and employees.


The Item Hierarchy or the Category Tree structure is used to set up the categorization of the items for the structural designing, reporting as well as for the Online website or Mobile Apps category structure.

 

Benefits:

Adding new values to item hierarchy can have several benefits for retail businesses, including:


Improved inventory management: By adding new values to the item hierarchy, businesses can better classify their products and organize their inventory. This can help with inventory forecasting, ordering, and tracking.


Increased accuracy in sales reporting: With a more granular item hierarchy, businesses can get a more accurate picture of which products are selling well and which ones are not. This can help with sales reporting and analysis and can inform decision-making around pricing and promotions.


Better customer experience: A more detailed item hierarchy can help customers find what they are looking for more easily. This can lead to increased satisfaction and loyalty.


Flexibility: A dynamic item hierarchy allows businesses to adapt to changing market conditions and customer needs. They can easily add or remove values as necessary to better reflect their product offerings.


Overall, adding new values to item hierarchy can help businesses better manage their inventory, improve sales reporting and analysis, enhance the customer experience, and stay flexible and adaptable to changing market conditions.


Below are the steps to create new subcategories or add new values at an Item Hierarchy Level:

 

Step 1: Go to MDM > Attribute Master Management > Item Attribute Master.


 

Step 2: Click on the "+" sign under New Attribute List Hyperlink and open it.


 

Step 3: Put the details below & click on Save.

1. Value = This is Value or the Subcategory name.

2. Applicable Online = Set it as Yes if you want this category to be displayed in any of our Integrations.

3. Visibility = Set is as Yes for activate or view the category in Item Master.

4. Choose Parent = Select the Parent item for the subcategory if you want to activate the Item Hierarchy Level feature or the category tree structure feature.


 

*** Note: You can see all the subcategories list on this page as well.

Step 4: Click on ITEM TYPE under Attribute Name to see the newly inserted category details.




Step 5: Click on the dropdown icon to filter the report.


 

 


To add or insert new values in the subcategories, follow the below-mentioned process:

Step 1: Go to Support > Migration > Bulk Category Insert.


 

Step 2: Select the desired Category from the list.


Step 3: Put the new List Value or the category name, Applies Online, Applicable to mobile device, Parent name and Visibility.


Step 4: Click on the Save button to complete the process.



Conclusion:

Category Tree structure is a must to have feature for the online ordering apps as well as for the E-Commerce portals.


The advantages of adding new values in item hierarchy in a retail business are as follows:

Improved Organization and Management: Adding new values in the item hierarchy level provides a logical and structured framework to organize inventory. Retailers can easily track and manage inventory by grouping similar products under new subcategories, departments or categories.

Enhanced Sales Analysis and Decision-Making: With the addition of new values in item hierarchy, retailers can analyze sales data at different levels of granularity. This helps retailers to identify trends and patterns in customer behavior and make informed decisions about pricing, promotions, and inventory management.

Better Inventory Forecasting and Replenishment: The addition of new values in item hierarchy level helps retailers to forecast demand and plan inventory replenishment more effectively. By tracking sales data at different levels of granularity, retailers can identify which products are selling well and adjust their inventory levels accordingly.

Improved Customer Experience: The addition of new values in item hierarchy level allows retailers to present products in a more logical and organized manner, making it easier for customers to find what they are looking for. This improves the overall shopping experience and can lead to increased customer satisfaction and loyalty.

Efficient Pricing and Promotion Strategies: With the addition of new values in item hierarchy level, retailers can set prices and promotions that are appropriate for each level. For example, retailers might offer discounts on all products within a newly created subcategory, or they might offer a bundle promotion on specific products within a category.

Overall, the addition of new values in item hierarchy level provides several benefits to a retail business, including improved organization and management, enhanced sales analysis, better inventory forecasting and replenishment, improved customer experience, and efficient pricing and promotion strategies.