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UNSPSC Classification
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In order to be more broadly adopted, sourcing tools need easier to use functionality for constructing requests, evaluating bids, and archiving the results of events in a searchable fashion. The inclusion of strategic sourcing plan development within a sourcing application has the potential to enable purchasing organizations to more cleanly execute to plan.

Deborah Wilson
Research Director,
  Gartner Inc.
Solution Area
Spend Management
Spend Analysis
Strategic Sourcing
Contract Management
Category Sourcing Service
Supplier Relationship Mgmt
UNSPSC Classification
eSourcing
 
 

 
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UNSPSC Classification
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Zycus encourages adoption of global UNSPSC classification standards as a long term strategic decision. Adopting UNSPSC eliminates the need for developing and/or maintaining own coding systems. The hierarchical nature of the coding system allows organizations to group purchase transactions into relevant UNSPSC categories which in turn can be mapped to the organization's commodity structure leading to effective spend visibility, optimization and control.

 
UNSPSC Classification

UNSPSC is designed to serve three primary functions:

  • Spend analysis- Its coding system brings a single, uniform view of all expenditures in the company, thus allowing purchasing managers to analyze enterprise expenditures.
  • Finding and Purchasing- The product and services coding convention allows for the easy identification of relevant suppliers of a certain product or service.
  • Product awareness and discovery- The uniform codes allow computer systems to automatically list similar products and services under a single category, thus ensuring precise searches.
Go to Join UNSPSC
 
Adopting UNSPSC

Download all the chapters
Adopting UNSPSC (1.6 MB)
Get the answers to all queries you have about implementing UNSPSC across your enterprise.

Download chapters by topics:
Chapter1 (146 KB)- Classification edge in Supply Management

Chapter2 (305KB)- What is UNSPSC

Chapter3 (344 KB)- Why UNSPSC

Chapter4 (312 KB)- Adopting UNSPSC

Chapter5 (328 KB)- UNSPSC driven Spend Analysis

Chapter6 (164 KB)- ANNEXURE: UNSPSC best practices

 
 

Learn more about Zycus Spend Management Solution Suite

Zycus Spend Management Solutions are designed to ensure overall success of an organization's spend management program by helping sourcing professionals ANALYZE their spend deeper and wider... Read more

  • Spend Analysis - Zycus Spend Analysis Solution to classify spend data prior to loading it into SAP BW, organizations... Read more
  • Strategic Sourcing - Zycus Strategic sourcing suite is specifically designed for those organizations that are currently looking to automate their manual process. Taking cues from what-went-well and what-went-wrong, specific requirements of late entrants in eSourcing, and budget constraints... Read more
  • Contract Management - Zycus Contract management plays a vital role to a company’s financial health & is viewed as strategic weapon in optimizing contract performance and improving the return on investment... Read more