The Global Cross-Reference Data Base - A Tool for Information Logistics in e-Business

1. Background A number of information classification systems are related to different aspects of international trade, e.g. customs, e-business, statistics, special interest etc. Most of them live in splendid isolation from each other. E.g. the international customs authorities have one system (HS) which does not ”speak” with other commerce ”languages” like CPV or UNSPSC, thus making it necessary to fill in information manually multiple times – although it could have been done by computers only once and at very low costs. Lack of information standardisation is a major problem in e-business, especially in the context of e-catalogues – the backbone of e-business. This is a recognized problem and is sought addressed through different means. • Competition between the nomenclatures. • Creation of a super-mega-metadata system with semantic interoperability covering all interests 2. Suggested action There is a third way, i.e. the establishment of a Global Cross-Reference Database for all major nomenclatures. As they have been created for different special interests, there is no reason why these interests should be given up when the nomenclatures can be correlated and thus “speak” with each other. The governments should have an inherent interest in establishing cross-references between different nomenclatures as a part of their e-government programmes in order to promote and facilitate efficient e-business. The data base should be managed by a pertinent international body, e.g. the OECD. 3. Benefits A database giving correlations between the major international nomenclatures will give enormous advantages to both private and public (government) sectors in e-business. The correlation data base can • eliminate the need for multi-entering the same information, • reduce errors in e-business • give better e-catalogues • automate and speed up transaction processing • reduce transaction costs • give better statistics for public authorities on e.g. electronic trade • give enterprises a tool for analysis on their spending • provide transparency in the procurement process This will especially help the SMEs who lack expertise in dealing with such advanced aspects of e-business. An extra bonus will be exchange of trade information between organisations and countries that fight illegal capital flight, organised crime, money laundering, fraud and terrorist financing.