About the Setup of a Master Data Model
All products can be categorized into various groups. For example, vehicles can be classified as passenger, off-road, or commercial vehicles among others. Manufacturers use classification methods to categorize their assets. In addition, industry standard categorizations are available.
Set up model data so that it can be used for various activities like confirming warranty eligibility, registering policies, warranty pricing, claims processing, and others. Model code data is a hierarchical structure with multiple levels. Different industries might use different levels of hierarchy to define the model data. The following table lists some examples of the code hierarchy of master data model.
Hierarchy Level | Hierarchy Level Name | Example One | Example Two |
---|---|---|---|
Level 1 |
Asset type |
Passenger Car |
LCD Television |
Level 2 |
Make |
Toyota |
Sony |
Level 3 |
Model |
Corolla |
Bravia |
Level 4 |
Model Type |
Corolla1.6 Petrol Lx2005 |
XBR-60LX900 |
Corolla1.6 Diesel Lx2005 |
XBR-52LX900 |
||
Corolla1.6 Petrol LZx2005 |
KDL-55HX800 |