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Author's profile photo Tridip Chakraborthy

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

Why?
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

http://www.sdn.sap.com/irj/scn/index?rid=/library/uuid/608f2880-7519-2e10-0b8f-d24e0fd82876

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

4.0 Conclusion

Related Content

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

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      6 Comments
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      Author's profile photo Former Member
      Former Member
      Great article sirjee.....thanks for sharing it with community 🙂

      you are truly the best !!!

      ~Ankush

      Author's profile photo Tridip Chakraborthy
      Tridip Chakraborthy
      Blog Post Author
      Hi Ankush, am happy to see that the article helped you, am planning to also have a follow on article on this that helps a project team understand how we actually faced issues with Product category rationalization for SRM Plan Driven Procurement implementation....enjoy reading..thx Tridip
      Author's profile photo Former Member
      Former Member

      I tried to follow the link to the full article however all I get is :

      We are currently experiencing down time of our portal.

      To bypass this issue and connect to SAP Community Network, please click here.

      Can you re-post or fix the link or post the article elsewhere?

      Cheers

      Gerald

      Author's profile photo Former Member
      Former Member

      Link working now  🙂

      Author's profile photo Tridip Chakraborthy
      Tridip Chakraborthy
      Blog Post Author

      Hi Gerald,

      Thanks for your interest in my article, pls note that I had written this blog as an overview for the article embed under this link

      http://scn.sap.com/docs/DOC-4980

      launch this link and then click on the view document option, you can download the article

      Cheers

      Tridip

      follow @tridipchakra and @SAP_Procurement on twitter

      Author's profile photo Tridip Chakraborthy
      Tridip Chakraborthy
      Blog Post Author

      Gerald hope the article was useful, do leave some comments on the expectations that you have or the best practices of what you've achieved using UNSPSC inside SAP Procurement solutions