In the case of suppliers, to classify the products and services of their company, and in the case of staff members, to classify the products and services when publishing procurement opportunities. Sic code to naics code conversion table, mapping, and sic to naics crosswalk Encompassing a five level hierarchical classification codeset, the four primary levels of the code are
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Segment, family, class and commodity
Optionally, a further two digits can be added for the business function.
The united nations standard products and services (unspsc) are an open, globally used categorization that provides the department of commerce with a predefined classification structure It acts as a universal language for cataloging, ensuring a specific item is identified the same way regardless of the company, country, or procurement system used. When publishing procurement opportunities on ungm, un staff members use unspsc codes to classify products and services covered by the procurement opportunity This classification enables suppliers to identify procurement opportunities for specific categories of products and services.
This is unspsc (united nations standard products and services code) codes list, click code link, you may browse more detail. Please input keywords you want to search. This is commodity code 24111503 in unspsc codes, the commodity name is plastic bags, more detail is as below.