MRO Magazine

Green product classification added to product PPIF pricing format

Chicago, IL – The Bearing Specialists Association (BSA) and the Power Transmission Distributors Association (PTDA) recently approved a revision to the widely used Product & Price Information Format (PPIF).


Industry

February 24, 2012
By MRO Magazine
MRO Magazine

Industries

Chicago, IL – The Bearing Specialists Association (BSA) and the Power Transmission Distributors Association (PTDA) recently approved a revision to the widely used Product & Price Information Format (PPIF).

Based on research and recommendations by a joint task force led by Rex Davis, vice-president, supply chain, IBT Inc., PPIF version 2.3 adds optional fields for providing product information on green designations and certifications. The effective date of PPIF Version 2.3 is March 31, 2012.

To meet the needs of customers who require a product with a green designation, the latest version of PPIF includes four optional fields for manufacturers to use in providing green information to distributors. These new optional fields in PPIF v. 2.3 enable manufacturers to indicate whether a product is ‘green’ or environmentally friendly, the classifications of eco-friendly products, the independent organization or agency providing the rating or certification and the green validation of the product.

Since 1999, the Product & Price Information Format (PPIF) has simplified the transmission of price and product information from suppliers to distributors by eliminating the patchwork of proprietary manufacturer pricing formats. This universally accepted format has streamlined the cumbersome, time-consuming process of updating database records to reflect current information.

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In addition to IBT, companies represented on the PPIF Revision Task Force include Applied Industrial Technologies; BDI; Kaman Industrial Technologies Corp.; Loctite Industrial Group, Henkel Corp.; Motion Industries Inc. and The Timken Company.

For more information about PPIF V. 2.3, visit www.bsahome.org/tools/ppif or www.ptda.org/PPIF.

BSA is an international service and educational organization of distributors representing almost 100 companies distributing factory-warranted ball-, roller-, and anti-friction bearings and invited manufacturers of bearings and related products. PTDA is a US-based trade association representing 178 power transmission/motion control distribution firms. Its members also include 180 manufacturers that supply the PT/MC industry.