To create a commodity code

  1. Access Sourcing Buyer > Setup > Commodity Code Setup> Commodity Codes.

    or

    Access Contract Management > Item Related Setup > Commodity Code Setup> Commodity Codes.

  2. From the Actions menu, select Create.
  3. Use the following guidelines to enter field values:
    Item Group

    Required. Type an ID for the item group that corresponds to the commodity code structure.

    Commodity Code

    Required. Type a code number for the commodity.

    Note: 

    Because commodity codes are a hierarchical structure, they must be defined by the highest level to the lowest level. For example, you must define the highest level commodity before you can define the second level commodity.

    Description

    Required. Type a description for the commodity code use or purpose.

    Active

    Select this checkbox to make the commodity code active.

    The commodity code can be used by a buyer during an event, by a supplier when maintaining a supplier contact profile, and in the Inventory Control application for configuration.

  4. Click Save.