UNSPSC (United Nations Standard Products)

The United Nations Standard Products and Services Code (UNSPSC) is a procurement-focused classification system developed by the United Nations. It provides a standardized way for buyers and suppliers to quickly identify, search, and share the goods and services that they need in order to complete successful purchases. With UNSPSC, buyers and suppliers alike benefit from improved speed and accuracy when searching for products. Additionally, it helps streamline purchasing processes, reduce errors, and increase efficiency across all levels of an organization. Overall, UNSPSC helps create a more efficient and effective global market for goods and services.