About
PPH is the combination of business activities which are the categories and the universal or the standards that are classified by the standard bodies, so it is the combination of both.
Media
Products media viewer
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PiLog Preferred Hierarchy
PPH is the combination of business activities which are the categories and the universal or the standards that are classified by the standard bodies, so it is the combination of both. This is used to determine the business activities, economic activities, and any of the spend categories, spend analysis, sourcing of the information as well as classifying the information for local bodies as well as global bodies or standard bodies.
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Classification
PiLog Preferred Hierarchy is classified into 2 types: SPH – Standard Product Hierarchy SSH – Standard Service Hierarchy SPH – Standard Product Hierarchy: SPH is the classification of a product into its essential components. The hierarchy of the products stretches from basic fundamental needs to specific items that satiate the particular needs. It comprises of Categories, Sub-Categories, Commodities and each commodity is grouped with product classes.
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Features - Slide 1
Categories being the broadest classification group and it is at a higher level Categorization helps unite similar kind of products or services together It helps the customer to compare the products or services They are exhaustive and mutually exclusive, i.e., each lower-level entity can only be allocated to one higher-level entity without duplication or omission. The structure is comparable to other related (national or international) standard classifications.
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Features - Slide 2
It has become an accepted way of subdividing the overall economy into useful coherent industries that are widely recognized and used in economic analysis, and as such, they have become accepted groupings for data used as indicators of economic activity. Hierarchical relationships are the primary feature of taxonomies and classifications It actually has a central role in almost all domain ontologies