The United Nations Standard Products and Services Code (UNSPSC) is a taxonomy of products and services useD in eCommerce. UNSPSC is managed by GS1 US and is an open, global, multi-sector standard for efficient, accurate classification of products and services. Encompassing a five level hierarchical classification codeset, UNSPSC enables expenditure analysis at grouping levels relevant to your needs.
The UNSPSC offers a single global classification system that can be used for:
- Company-wide visibility of spend analysis
- Cost-effective procurement optimization
- Full exploitation of electronic commerce capabilities
UNSPSC can be downloaded at no cost. On the UNSPSC website you can search and locate commodity codes that represent your products and make use of them in your company.
UNSPSC is a member funded and supported initiative. To gain additional benefits, including access to past versions of the code and the opportunity to shape the code’s future to best meet your business needs, you can join as a member of UNSPSC.