UNSPSC : A must know for Procurement Consultants
SRM and Procurement consultants in most projects hear this term on and off, most business folks on the other side in the implementation are quite aware of the standards and expect that they get the most from the availability of standards that are already available in the marketplace.
In a challenging Punch-out implementation, we went the extra mile with the Vendor with the UNSPSC related mapping guidelines.
Customers often ask questions like
– How much do we Spend?
– On which products?
– From which suppliers?
….Questions can be many?
Answer is adoption to a Standard…..an Open Standard
Alignment with Procurement standards and following best practices helps realize bottom-line benefits and why not use something that’s an Open Standard and used by the most successful businesses. The bottom line is to exploit the most out of the electronic commerce capability that’s out there.
So going down the same storyline, I have posted a very detailed article that cuts across the concepts of UNSPSC and the way it must be used to craft complex Catalog implementation projects and also Category management initiatives in SAP Sourcing and SAP CLM. The whole idea is to provide great downstream data thats required for Spend Analytics to make those critical CPO decisions.
To make it further interesting, I have showcased below, the table of contents of my article
Link to the article
Table Of Contents
1.0 UNSPSC 101
1.1 The Basics…Introduction
1.2 What is an Open Standard?
1.3 What is Taxonomy?
1.4 UNSPSC Design
1.5 What are UNSPSC Segments?
2.0 Benefits of UNSPSC
2.1 Value of implementing UNSPSC
3.0 What it means to SAP Procurement applications
3.1 Doing it the Right way
3.2 Punch-out Catalog implementations
3.3 Another example….SAP Sourcing Category Management
Do read it, benefit from it and ensure you help the customer adopt to these standards in your day to day work and challenging implementations, upgrades, roll-out’s BPR’s etc