Chicago, IL — Two new associations have endorsed its Product Price & Information Format (PPIF) standard developed by the Bearing Specialists Association (BSA) and the Power Transmission Distributors Association (PTDA).
The National Fluid Power Association (NFPA) and the Fluid Power Distributors Association (FPDA) join current association endorsers, the American Bearing Manufacturers Association and the Association for High Technology Distribution. PPIF also is currently endorsed by almost 80 manufacturers and over 60 distributors, with even more firms using it for updates.
The BSA/PTDA Product Price Information Format is a standardized, ASCII format for electronic transmission of manufacturer price and product updates.
Designed to supersede ANSI X.12 832 and other custom manufacturer pricing formats, PPIF is a single-format, single-program system that can be easily installed and used by manufacturers, distributors and original equipment manufacturers.
The ASCII format eliminates the need for significant software expenditure by users and may be transmitted via mail, e-mail or the Internet. Version 2.0 (released October 2005) currently is in use.
Already in use in the bearing, gearing, high tech and power transmission product segments, the PPIF benefits distributors and manufacturers directly:
– Greater Savings: Manufacturers provide/distributors receive product and price updates in a single format, dramatically reducing the cost to create, transmit, process and upload these files.
– Improved Accuracy: Eliminates the need for manual re-keying of vendor data.
– Faster Updates: Reduces time to upload and implement updates, minimizing debit and credit processing errors.
More information on PPIF v. 2.0, including a complete list of endorsers, is available from BSA at www.bsahome.org or PTDA at www.ptda.org/PPIF.