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UNSPSC spare parts

The United Nations Standard Products and Services Code, managed by GS1 US for the UN Development Programme (UNDP), is an open, global, multi-sector standard for efficient, accurate classification of products and services. They have a single classification system, and those involved are:
Company-wide visibility of spend analysis
Cost-effective procurement optimization
Full exploitation of electronic commerce capabilities

One can drill down or up to the code set to see more or less detail as is necessary for business analysis.UNSPSC is a member-funded and supported initiative. Through UNSPSC, the first steps towards increasing productivity, reducing organizational costs, and improving supply chain efficiency can be taken.
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