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WAND Introduces Wholesale Taxonomy

Wand has released a new taxonomy designed specifically for the wholesale industry. The WAND Wholesale Taxonomy provides 458 terms and 589 synonyms.  Included are the Types of Wholesalers, Inventory Management, Wholesale Trade Sectors, Financial Operations, Fulfillment, Documents, and Value Added Services. Other top level terms are Events, Metrics, Policies and Procedures, Regulations, as well as Trade Groups and Organizations. The WAND Wholesale Taxonomy can ... Read More »

World Economic Forum Publishes Blockchain Governance Taxonomy

The World Economic Forum may have a solution to blockchain governance, one that could boost usability and access. In its latest paper, titled “Realizing the Potential of Blockchain”, the organization proposes a framework to distribute “stewardship” of the technology, tasking stakeholders with ensuring that development benefits a broad base. This could be established, the paper argues, through a global, distributed ... Read More »

WAND Manufacturing Taxonomy Expanded

The WAND Manufacturing Taxonomy has been expanded.  It provides a foundation of 1,170 terms and 371 synonyms and can be customized to include specific terms to meet the document management needs of any manufacturing company. In this expansion we’ve added to several areas. The Manufacturing Planning section has been changed to include Scheduling.  Manufacturing Production now incorporates Methods, Strategies, Production ... Read More »

Wand Introduces Fleet Management Taxonomy

Wand has released a brand new taxonomy designed specifically for businesses that also have fleet management needs: The WAND Fleet Management Taxonomy. When you think of  “Fleets” all kinds of vehicles come to mind.  Usually, the first thing that’s thought of is a long-haul fleet or a fleet of delivery vehicles.  But there are so many other vehicles that need ... Read More »

Major WAND Information Technology Taxonomy Update

Wand points out frequently that the Information Technology industry is constantly changing and growing and, of course, the WAND Information Technology Taxonomy must grow and change as well. The WAND Information Technology Taxonomy has undergone an update.  Wand has added IT Security as a Top Level Term and expanded Technologies and Fields to include Artificial Intelligence, Digital Mesh, Emerging Data Storage Technologies, ... Read More »

Thomson Reuters Launches ONESOURCE Global Trade Classifier to Help Companies Simplify Product Classification of Imports and Exports

Thomson Reuters announced the release of ONESOURCE Global Trade Classifier, a software application designed to ease product classification related to cross-border trade. In a recent survey of over 1,700 global trade professionals conducted by Thomson Reuters and KPMG International, 91 percent of respondents cited product classification as a challenge. ONESOURCE Global Trade Classifier is fully integrated with ERP software applications ... Read More »

Introducing the WAND Utilities Taxonomy

Our member Wand announced the latest addition to its WAND Taxonomies is the WAND Utilities Taxonomy, the first in its new suite of utilities taxonomies. According to Wand:  “It provides terms common to all utility companies including Electric Utilities, Gas Utilities, Water Utilities, and Wastewater Utilities.  You may be familiar with our WAND Electric and Gas Utilities Taxonomy which has ... Read More »

Introducing the WAND Facilities Management Taxonomy

WAND has released a brand new taxonomy designed specifically for businesses that also have facilities management needs: The WAND Facilities Management Taxonomy. In this taxonomy of 604 categories and 325 synonyms are terms relating to all areas of Facilities Management including Maintenance and Repairs, Housekeeping, Sustainability Management, and Facilities Services.   You’ll also find terms relating to Safety and Security, Policies and Procedures, ... Read More »

Announcing the WAND eCommerce Taxonomy Portal

WAND’s business philosophy is that our pre-built taxonomies help organizations jump-start the development of their own high-quality taxonomies.   Instead of starting from scratch, WAND Taxonomies provide a solid starting point that can simply be customized.  This helps our clients save months in their taxonomy development process and reduces frustration because it is significantly easier to edit and revise a ... Read More »

WAND Finance and Investment Taxonomy

The WAND Finance and Investment Taxonomy has recently been updated, and expanded There are the incremental updates that you would expect to find along with some rather large additions to complete the area of Investment Banking. We have included Investment Banking Services and terms relating to Front Office, Middle Office and Back Office Services.  We have also added a section ... Read More »

WAND Information Technology Taxonomy Gets a Major Update

The IT world is constantly changing and growing and, of course, the WAND Information Technology Taxonomy grows and changes as well.  We don’t always talk about our minor updates, but major updates deserve an announcement We are proud to announce that the WAND Information Technology Taxonomy has undergone a major expansion.  We’ve added brand new top level terms for Data, Computer Graphics ... Read More »

WAND Taxonomy in SAS Ontology Management

Taxonomy and ontology are critical in text analytics because they give context and meanings to the words in the text making them more than just keywords.  WAND provides taxonomies and ontologies for nearly every industry vertical and business functional area.  These models can jump-start a taxonomy initiative for a text analytics application by giving a strong foundation of terminology for ... Read More »

The WAND Health Insurance Taxonomy – the Latest in the Insurance Industry Series

In browsing through our Taxonomy Library Portal, you might have seen our WAND Insurance Taxonomy.  It is a good overall taxonomy covering the Insurance Industry.   However as a result of the Affordable Care Act and the massive changes to Health Insurance, we decided that it was time to expand that portion of the original taxonomy into a standalone taxonomy. The WAND Health Insurance ... Read More »

WAND Introduces Life Insurance Taxonomy

If you are familiar with our Taxonomy Library Portal, you might have seen our WAND Insurance Taxonomy.  It is a good, broad, overall taxonomy covering the Insurance Industry. Yet, partially as a result of the Affordable Care Act and the massive changes to Health Insurance, we decided that it was time to expand portions of the original taxonomy into standalone, ... Read More »

WAND Launches Fire Department Taxonomy

Fire Departments carry a lot of responsibility.  Not only do they fight the fires in our communities, they also rescue people from dangerous situations and provide a variety of fire and emergency safety education programs for everyone from preschoolers to senior citizens. Firefighters also spend many, many hours in training throughout their careers.  Unlike most of us, they also stay ... Read More »

WAND Releases the Police Department Taxonomy

Police departments do much more than simply hand out tickets.  A police department is responsible for public safety as well as educating the public and providing community services. Police Officers also spend many, many hours in training throughout their careers and become very familiar with the crimes that are committed in their jurisdictions. The WAND Police Department Taxonomy addresses these topics and ... Read More »

WAND Customer Service Taxonomy Released

Wand is proud to announce the latest entry in the WAND Taxonomy Library – the WAND Customer Service Taxonomy.  Customer Service is a vital element in most businesses. It can make all the difference in the success of a company. The WAND Customer Service Taxonomy provides a foundation set of 400 terms and 299 synonyms covering important area topics. You can see the ... Read More »

WAND Taxonomy Library Portal to Accelerate Taxonomy Projects

Learn how our clients are using the WAND Taxonomy Library Portal to accelerate taxonomy projects Numerous companies around the world are now using the WAND Taxonomy Library Portal to speed up creation of taxonomies for their organization and to spread the word internally about how taxonomies can benefit the business. We wanted to share some tips from these customers about ... Read More »