UNSPSC Taxonomy
The United Nations Standard Products and Services Code is an internationally recognized classification system for goods and services.
The specification calls for four levels:
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Segment - A logical aggregation of families useful for analyzing trends.
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Family - A related group of class categories.
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Class - A group of commodities with common characteristics, but not necessarily interchangeable with each other.
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Commodity - A group of interchangeable items.
After loading the UNSPSC matrix to the four tables representing each level of classification, assign codes to Catalog Items.