The ECLASS association acknowledges the use of insensitive terminology in standardization and is determined to use a more inclusive language that reflects our values and norms. We have summarized the approach of ECLASS e.V. in a position paper.
Over the last years we are continuously witnessing a movement toward using a more sensitive and inclusive language. This matter is of high significance because of the power language can have in shaping minds, thoughts and the world we live in.
Spare parts inventories as well as auxiliary and operating materials, which are booked directly to operating expenses, often cause difficulties during company audits. Black stocks and black warehouses are suspected, which often leads to additional tax demands.
Since February 2022, IFCC is now entitys. entitys is the result of a combination of many years of industry experience in data and product information management and corporate development know-how from top tier strategy consulting. We ask Simon Manz, Managing Director of entitys, our questions.