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.

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 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.

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Adopting UNSPSC (1.6 MB)
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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