What is NSV ?
A standardized generic description
NSV is the only system to drill down to item level so therefore the process starts with giving a standardized generic description to the product or service to be purchased. To prevent duplications and maintain the integrity of the database, descriptions are created accurately and uniformly.
The NSV Classification is made up of 3 alphas characters, starting with 26 sections A to Z. The main headings are financially based on different types of budgets found in any large organization. Each section can have as many as 26 groups, each of which can contain up to 26 subgroups, although so far this has not been necessary.
As the NSV code is generic and refers to specific items or services, it is at this level where all other codes or classifications can be cross-referenced accurately.
The Resulting NSV Code
TJN02084 - DESK; COMPUTER, SINGLE PEDESTAL, MAPLE VENEER, HEIGHT 735 MM X WIDTH 1210 MM X DEPTH 595 MM, 1 DRAWER ON RIGHT HAND SIDE, SLIDING KEYBOARD / MOUSE SHELF, MODESTY PANEL
We are specialists in NSV Classification and are happy to work with your organisation to determine and implement a classification system which will achieve cashable savings.
To find out more information about classification and how Coding International can help your organisation contact us on 023 8055 4111 or email email@example.com