Taxonomy is the hierarchical structure or the grouping of products according to the physical properties of the products to the taxonomy. Product taxonomy is based on its subclass hierarchy and is the best way to classify data. Taxonomies not only classifies the products hierarchically but also helps in better organizing and understanding the products.
Building taxonomies requires the high discipline or knowledge of products both logical and physical properties. Hence, it is done by a dedicated team of experts from multiple disciplines. This eliminates the redundancy and promotes integration and re-use of data delivering long-term benefits by fulfilling the major objective of Data Management.
Easier navigation, more efficient search
User-friendly Data Accessing
Easy Interoperability and Integration
Rich product categories
Improved web cataloging
Enhances keyword search
Uniform dimension and hierarchy structures