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What does UNSPSC stand for? 

What does UNSPSC mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: UNSPSC.

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UNSPSC

United Nation Standard Products and Services Code

Business » Products

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UNSPSC

United Nations Standard Product and Service Code

Governmental » United Nations

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UNSPSC

United Nations Standard Products and Services Code

Governmental » United Nations -- and more...

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UNSPSC

Universal Standard Products and Services Classification

Computing » IT

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What does UNSPSC mean?

UNSPSC
The United Nations Standard Products and Services Code (UNSPSC) is a taxonomy of products and services for use in eCommerce. It is a four-level hierarchy coded as an eight-digit number, with an optional fifth level adding two more digits. The latest release (March 7, 2022) of the code set is 24.0301.The new UNv240301 release contains 740 changes to the previous UNSPSC version UNv23.0701 which are 721 new items added, 12 existing items edited, 6 existing items moved, and 1 existing item deleted. The new UNv24.0301 release contains 157,116 total items. The changes include a new Segment 57000000 -Humanitarian Relief Items, Kits, or Accessories, requested by United Nation Global Marketplace (UNGM); additional codes were added to support the United States Department of Agriculture (USDA) in is effort to the Specialty Crops Inspection at the U.S. border. The UNSPSC competes with a number of other product and commodity coding schemes, including the European Union's Common Procurement Vocabulary, ECLASS, and GS1's Global Product Classification.

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