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Each product can be categorized into a specific Product Type. Product Types are the parent category under which you can group the products. Say, Adobe Photoshop and Macromedia Flash can be categorized under the product type Software, while HP Inkjet Printer can be categorized under the product type Printer.
Product Type: Product Type is the high level categorization in grouping products. Say, Workstations in an organization are grouped under the product type "Workstations".
Type: Type is a subdivision of product types that is classified into Asset, Components and Consumable. Say, Workstation is an Asset, Keyboard is a Component and the Printer Toner is Consumable.
Category:
Category is a common attribute of Product Types and Types. They are classified
into IT and Non-IT. Say, Workstation is an IT asset, and Projector and
Scanners are Non - IT assets.
Example : Adobe Photoshop &
HP Inkjet Printer can be categorized as,
| Assets | Product Type |
Type |
Category |
|---|---|---|---|
|
Adobe Photoshop/Macromedia Licenses |
Software Licenses |
Components |
IT |
|
HP Inkjet Printer |
Printer |
Asset |
IT |
To access the product type configuration page,
Click the Admin tab in the header pane.
Click Product
Type icon 
under the Asset Management block. The
list of available product types are displayed. From this page, you can
add, edit and delete product types.
Add Product Type
Click Add New Product Type link.
In the Add Product Type form,specify the Product Type Name which will uniquely identify the individual product types. Say, Printer.
Select the Type from the drop down. Say, Asset, Component, Consumable.
Select the Category from the drop down. Say, IT, Non-IT.
Specify any relevant information about the product type in the Description field.
Click Save button. Click Save and add new button to save and add another Product type.
Edit Product Type
Click the Edit
icon
beside the Product
Type to be edited. This opens the Edit
Product Type page.
Modify the details and Save the changes.
Delete Product Type
Click the Delete
icon
beside the Product
Type to be deleted. A dialog box pops up asking your confirmation
on the delete operation.
Click Ok to proceed. You can see the product type deleted from the list.
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