Periscope Holdings is proud to manage and license the National Institute for Government Purchasing’s NIGP Commodity/Services Code and NIGP Consulting program. These offerings are designed specifically for public procurement organizations. Whether you simply need the Code to organize your suppliers and spend, or require greater assistance such as establishing processes and procedures, we can assist.
The NIGP Consulting program offers an unparalleled level of expertise in the procurement industry. All of our professionals possess an abundance of knowledge and leadership experience through direct roles in public procurement. Our consultants will work diligently to understand each organization's needs to determine the most relevant solutions.
Through uniform coding and other management mechanisms, the NIGP Code provides organizations full control over procurement processes, making them at once more organized and more efficient.
The Merchant Classification Code (MCC) is utilized by many banks and credit/debit card companies to classify merchants with whom the cardholder has conducted purchase transactions. The MCC has now been cross-referenced to the NIGP 5-Digit Code. This MCC-NIGP crosswalk serves as an important tool in aggregating Purchasing Card (P-card) data with other (PO/contract-based) spend data.
The North American Industry Classification System (NAICS) has now been cross-referenced to the NIGP 5-Digit Code. The NAICS replaced the SIC (Standard Industrial Code).
The United Nations Standard Products and Services Code system (UNSPSC) has been cross-referenced to the NIGP Code by Periscope Holdings, Inc. This cross-reference was made from the UNSPSC 8-Digit Code to the NIGP 3- or 5-Digit Code, whichever was most appropriate. This cross-reference is available for a fee.
To obtain the cross-reference, you must be a licensed user of the NIGP Code and agree to use it internally only. Please contact us toll-free at 800-757-6064 for additional information.
The NIGP Code offers an unparalleled coding structure for standardizing public purchasing. When coupled with a procurement software package, NIGP Code will bring the highest levels of order and efficiency to an overall procurement program.
Are you new to the Code or do you have new buyers and department users that need to be brought up to speed on using the NIGP Code? This one-hour live webinar will introduce the NIGP Code, how it is used and how to utilize the NIGP Code Search Engine, along with a live question-and-answer discussion with our staff. The price is $135 per entity per session; discounts available for multiple sessions. Email info@nigp.com for more information and to sign up.
The NIGP Code is now available in a Spanish Language Edition. Eliminate the language barrier in accurately coding commodities and services in cross-border transactions with this timely offering.
Want to use the NIGP Code to help manage vendors /suppliers? Download the Vendor Management Help Guide.
Other services available to you on a service contract basis include code conversion and code maintenance. For example, our coding specialists can take your inventory and contract files and code them to the NIGP 5-, 7- or 11-Digit levels, then return them to you for input into your files. Call us at 800-757-6064 to see how we’ve helped organizations like Baltimore County Schools and the City of Houston bring order to their data…and how we can do the same for you.
The NIGP Commodity Code serves as an enabling foundation to unlock key information about purchasing, materials management, and vendor management.
The NIGP Commodity/Services Code is the solution that, when coupled with your procurement software package, will bring the highest levels of order and efficiency to your overall procurement program. The Code offers you an unparalleled coding structure for standardizing purchasing.
The 3-Digit Class Code has a brief general description. This level contains 209 Commodity (Product) Classes and 55 Service Classes, totalling 264 Classes. The 3-Digit Code is primarily used to generate periodic expenditure history by department for fiscal planning, budget execution and accounting.
The 5-Digit Class-Item Code is an expanded version of the 3-Digit Class Code. Currently, it contains more than 8,400 descriptions. This level categorizes vendors by class-item to allow your procurement software to automate bidder selection and to produce no-bid response reports, vendor performance reports, and minority business and HUB reports by Code. Purchase history can be captured at this level as well.
The 7-Digit Class-Item-Group Code provides an additional level of purchase description. It contains more than 25,000 descriptions. It can be used to develop a specification file and is used with the 11-Digit Code to create a comprehensive purchase description.
The 11-Digit Class-Item-Group-Detail Code is generally used to create, manage and maintain line-item term contracts. It is also used to identify stock items in your inventory. This level of the Code currently contains more than 450,000 descriptions, giving you a great amount of flexibility when creating your contracts and stock items. The 11-Digit Code is also used with your procurement software to capture purchase history from your term contracts. This history can then be used to create periodic management reports stating how much was spent during the period, for what, for whom and from whom. The NIGP Code is the tool to make this possible. It is only limited by the capability of the procurement software utilized.
800-757-6064
info@periscopeholdings.com
The NIGP Consulting program provides solutions to the most pressing public procurement challenges. Our qualified, skilled consultants take the time to learn about your organization, your procurement team and your processes before intelligently detailing the steps to achieve your goals.
An NIGP Consultant will work with your staff to conduct the two-day, onsite NIGP Code Strategic Assessment. This review will assess the current utilization of the NIGP Commodity/Services Code (NIGP Code) within your agency’s existing procurement processes and serve as the foundation for recommendations that will maximize the effectiveness and value of your NIGP Code implementation.
The Contract Administration Review will include an evaluation of the entire contract administration process that includes analysis of:
NIGP will conduct a review of documents that includes the following:
Policies and procedures will be reviewed and compared to the American Bar Association Model Procurement Code and Regulations, appropriate State requirements and two (2) comparable entities, to be determined by the Consultant and the Client.
The Contract Administration Review will include an evaluation of the entire contract administration process that includes analysis of:
The Strategic Procurement Assessment is a high-level review and analysis of a public procurement organization’s operational foundation and organizational structure. The analysis is based upon a 2-3 day onsite visit to conduct a Procurement Policy and Process Review and an Organizational Roles and Responsibilities Assessment. The delivered report will identify opportunities for process efficiencies and procurement maximization, and a plan for successful implementation of proposed modifications.
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