Product classification

Product classification or product taxonomy is a type of economic taxonomy which organizes products for a variety of purposes. However, not only products can be referred to in a standardized way but also sales practices in form of the “Incoterms” and industries can be classified into categories.

Some standard product classifications include:

CPA — Classification of Products by Activity, a product nomenclature that was used in the European Economic Community and now in use in the EU, a European version of the CPC CPA 1996CPA 1996 - Statistical classification of products by activity in the European Economic Community // Eurostat CPA 2002 CPA 2008Statistical classification of products by activity in the European Economic Community, 2008 version CPA 2.1Statistical Classification of Products by Activity, Version 2.1 CPC — Central Product Classification, a United Nations standard classification for products ETIM, the ETIM Technical Information Model Global Classification and Harmonized Schedule Numbers for customs classification HS — Harmonized Commodity Description and Coding System SITC — Standard International Trade Classification Trade in Services UNSPSC, the United Nations Standard Products and Services Code IEC Common Data Dictionary (IEC CDD), a product classification and product description based on international standards and defined by the International Electrotechnical Commission eCl@ss, a global and ISO/IEC-conform system for classification and description of products and services, maintained by the non-governmental eCl@ss e.V. association

Product classification

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