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UNSPSCIDEA062804

By Lawrence Rose,2014-05-12 22:48
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UNSPSCIDEA062804

For Immediate Release

    Media Contacts:

    Jack Grasso, Sr. Public Relations Director, Uniform Code Council, 609.620.4555, jgrasso@uc-council.org

    John Etrie, Product Manager, IDEA, 703.841.5908, mailto:joh_etrie@nema.org

    Electrical Industry Unifies to Support the

    United Nations Standard Products and

    Services Code

    Industry Data Exchange Association signs agreement with

    Uniform Code Council to support standards of United Nations Standard

    Products and Services Code

LAWRENCEVILLE, NJ/ROSSLYN, VA June 29, 2004 ; The Industry Data Exchange

    ?Association (IDEA) has signed an agreement with the Uniform Code Council, Inc.

    ?(UCC), to develop and support the global classification standards of the United

    ?Standard Products and Services Code (UNSPSC). The UCC is a leader in facilitating

    efficient international business and is the code manager of the UNSPSC. The new agreement marks the first time the electrical industry has come together to support one global standard for classification.

    Under the agreement, IDEA, an electronic commerce service provider jointly owned by the National Electrical Manufacturers Association (NEMA) and the National Association of Electrical Distributors (NAED), will develop and support the global classification standards of the UNSPSC for the electrical equipment industry and its trading community. The UNSPSC is a widely adopted global standard for classification of products and services developed by the United Nations Development Programme (UNDP). It is designed to facilitate electronic commerce, reduce organizational costs, and improve supply chain efficiencies.

“We are excited about working closely with the electrical equipment industry and its

    trading community,” said UCC Senior Vice President Dennis Harrison. “Through this agreement, we can all look forward to harmonization of the UNSPSC. The electrical industry product classification schema to be incorporated into the UNSPSC will ensure

    continued strength and an increasing degree of robustness not previously seen in the code set.“

    “The Agreement between IDEA and UCC provides the electrical industry a tremendous opportunity to work with the UCC and transition electrical product codes to global standards and synchronize the codes with its industry product schema” said IDEA President, Mike Rioux. “More and more electrical product customers are requesting UNSPSC codes and this agreement will jump start the process and help drive the adoption and use of the codes which have in the past been mostly ignored.”

    IDEA has already begun participating on a UNSPSC Segment Review team tasked with building out the UNSPSC to meet the business needs of the electrical industry and other vertical market segments. The UNSPSC is a required attribute field for IDEA’s Industry Data Warehouse (IDW), a central data repository that contains standardized supplier product and pricing information accessed by authorized resellers.

    When the UNSPSC is inserted in various electronic trade documents and media such as product catalogs, web sites, purchase orders, and invoices used throughout the supply chain, sellers, buyers, procurement specialists, and other users can perform analysis and make decisions in time-critical ways that would not be possible without using the UNSPSC. The UNSPSC is an open standard and is available for use by interested parties free of charge. Companies and organizations worldwide are encouraged to incorporate the code into their business systems. Companies that want to play an active role in charting the course of the UNSPSC must become UNSPSC members. Members are eligible to participate on the UNSPSC Steering Committee, request and vote on code changes, provide guidance, and further the global adoption of the code set. For additional information on using the UNSPSC or on becoming a UNSPSC member, visit www.unspsc.org.

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    ABOUT THE UNIFORM CODE COUNCIL, INC.

    The Uniform Code Council, Inc. (UCC) is a not-for-profit organization dedicated to the development and implementation of standards-based, global supply chain solutions. Under its auspices, the UCC operates three subsidiaries, UCCnet, RosettaNet, and EPCglobal US and it co-manages the global EAN•UCC System with EAN International. The UCC also manages the ?United Nations Standard Products and Services Code (UNSPSC) for the United Nations

    Development Programme (UNDP). The newly formed EPCglobal, Inc. is a joint venture of the Uniform Code Council and EAN International. UCC-based solutions, including business processes, XML standards, EDI transaction sets, and the bar code identification standards of the EAN•UCC System are currently used by more than one million member companies worldwide.

    For more information about the Uniform Code Council, please visit: www.uc-council.org.

ABOUT IDEA

    Established in 1999, the Industry Data Exchange Association (IDEA) is a for-profit e-commerce service provider located in Arlington, VA. IDEA manages two services provided under contracts with Activant and Sterling Commerce. IDEA's Industry Data Warehouse (IDW) is a central

    repository of manufacturer provided product, pricing and attributed data for authorized resellers to download for application in their business systems. IDW services and software programming is provided by Activant. IDEA's Industry Data Exchange 2, or IDX2, enables manufacturers, distributors and service providers to conduct partner-to-partner electronic business on an Internet based network using EDI, XML, flat file or Web Form transaction sets.

About UNSPSC

    The United Nations Standard Products and Services Code (UNSPSC), managed by the Uniform Code Council, Inc. (UCC), is an open, global, multi-sector standard for efficient, accurate classification of products and services. Companies that use the UNSPSC can analyze various procurement and purchasing functions to reduce organizational costs and improve supply chain efficiencies. Visit www.unspsc.org for more information.

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