For any business to be successful a comprehensive understanding of the market they operate in is key. When looking to win work with public sector bodies this is particularly true as well-informed decisions need to be made regarding which bids to pursue and which not to. Detailed insight and analysis are needed to make such
Introduction This paper explores the origins of the Universal Standard Products and Services Classification (UNSPSC) codes, their benefits in UK procurement and bidding, and provides examples of how they are used. Potential challenges and limitations associated with UNSPSC codes are addressed and tips for implementation are provided. What are UNSPSC Codes? Procurement and bid professionals
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