Material registration: Learn about the UNSPSC and its application
The United Nations Standard Products and Services Code (UNSPSC) is a coding system for products and services that helps standardize classification, material registration management, and procurement items. This classification is used worldwide by companies, governments, and non-profit organizations. This system helps […]
Easier material registration with Cataloteca
With the goal of organizing and standardizing material registration, Level Group created Cataloteca. It enables the classification of materials into a logical and hierarchical structure based on item characteristics and properties. Cataloteca and its applications for material registration bring numerous benefits to a company's procurement management. […]
Financial Benefits of Item Registration Standardization
Standardizing item registration can bring significant financial benefits to companies, especially regarding cost reduction. When a company adopts item registration standardization, it gains a clearer and more structured view of its Spend, thus enabling the identification of savings opportunities and the reduction of unnecessary expenses. […]
Material cleansing and registration as a business strategy
Proper registration cleansing is of paramount importance to an organization's strategy. At first, understanding and analyzing the chain with the purpose of performing material cleansing is no simple task. To that end, chain data is examined in order to categorize items by area (e.g., maintenance, office, furniture, etc.), after which […]