United Nations Standard Products and Services Code (UNSPSC)
United Nations Standard Products and Services Code (UNSPSC) is an open standard taxonomy of products and services that serves a system of classification of products and services that are bought and sold. The taxonomy follows a hierarchical tree structure from a generalized segment title down to a specific commodity title. UNSPSC codes allows for specific identification of commodity and services, this allows for DGS-PD to better address business needs.
Example: Segment: 44000000 Office Equipment and Accessories and Suppliers
Family: 44100000 Office machines and their supplies and accessories
Class: 44103100 Printer and facsimile and photocopier supplies
Commodity: 44103103 Toner