How can I create a new hierarchy type?

You can create a new hierarchy type using the Manage Tree Structures task. Select Trading Community Model as the application, an existing data source or new custom data source, and any labeling scheme you want. The next step is to, enter the other required details, such as the appropriate usage of the new hierarchy type. Note that tree structures don't support the Date Range, Allow Multiple Root Nodes, or the Reference Data Set options for the Restrict Tree Node List of Values Based on field. Tree structure only support fixed values. Finally, add the newly created hierarchy type under the Party Hierarchy Type lookup to include the new hierarchy type in the lookups for hierarchy types.