One of the levels of classification in the United Nations Standard Products and Services Code [UNSPSC] hierarchy. The other levels of classification are Segment, Family, Commodity and Business Function (optional). As an example, Segment 44 is Office Equipment, Family 10 is Office Machines, Class 15 is Duplicating Machines and Commodity 01 is Photocopiers. See also UNSPSC.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
