Know what you have to contend with using D&B Standards
An effective procurement process begins with standards. D&B’s patented
D-U-N-S® Number and the UNSPSC™ (United Nations Standard Product and
Services Code) are two recognised standards which guarantee that your
procurement information is always consistent and up-to-date.
- D-U-N-S Numbers
turn separate items of expenditure into knowledge which you can
use again and again.
- The UNSPSC
is a global classification standard which aids the analysis of international
business and supplier expenditure.
In order to obtain a clear overview of your supplier portfolio and
to seize opportunities for cost savings, you will need to ensure that
you are operating on the basis of up-to-date, superior business information.
D&B can help you to achieve this in the following two ways:
-
Data Rationalisation – creates the solid platform you need
to strengthen your supply management position. It standardises
records, assigns D-U-N-S Numbers and adds extra information
to help you plan your procurement activities.
- D&B
Database – this is the key to organising, enhancing and
building your supplier portfolio and to boosting your buying
power. This database contains information about more than
million businesses and branches throughout the world and, as such, is the
largest database of its kind in the world. You can also
incorporate this data directly into your own applications.
If you would like to receive more information or would like to make
a personal appointment to examine which options may be of interest to
you, please call
or
e-mail us.
