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Industry segmentation - SIC/NAICS/DUNS?

Question asked by Michelle Wollen on Jul 24, 2017
Latest reply on Jul 26, 2017 by Michelle Wollen

Our industry picklist is not granular enough and we would like to add a sub-level to give greater definition.  Our intention was to take the incoming SIC code and have a program assign an industry and sub-industry category based on the code. Before we start doing the work for this program I wanted to check whether it is indeed best to use the SIC code.  I see there are also UK SIC codes based on NACE codes, NAICS which a more up to date version of the SIC codes but only cover Mexico, Canada and US and DUNS numbers which seem to be a D&B proprietary system.

 

As we are a global company we need to have numbers that cover all regions and want the freedom to move to different data vendors in future.  What do other companies do/use?

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