UNSPSC 31381404: Plastic bonded machined isotropic neodymium magnet
Commodity
Code facts
- Part of
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31000000
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31380000
- 31381400
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31380000
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31000000
- NIGP codes
- 1
UNSPSC codes and definitions come from the UN Development Programme (managed by GS1 US), and state and local contract opportunities from the governments' procurement sites.
NIGP codes for 31381404
Definition
Plastic bonded isotropic neodymium magnet that has been machined
About UNSPSC 31381404
UNSPSC 31381404 Plastic bonded machined isotropic neodymium magnet is a Commodity code that shows minimal recent state and local procurement activity. The single recent opportunity on file involves stainless steel diaphragm plates rather than the plastic bonded neodymium magnets the code nominally describes, indicating a mismatch between the code tag and the work actually being solicited. State and local buyers appear to use this code infrequently or misalign their tagging with the commodity's actual scope. Without a meaningful set of recent opportunities under the code's true description, it is difficult to characterize the typical issuing bodies, work scope, or geographic concentration of genuine procurement demand for plastic bonded machined isotropic neodymium magnets at the state and local level.
The Texas A&M University System posted the sole recent opportunity—an ITB for stainless steel diaphragm plates (TAMUSITB270547) with a due date of October 28, 2026, managed through the AggieBid procurement portal with contact Sterling Crowdus at soprocurement@tamus.edu. This opportunity does not represent the commodity code's nominal scope and suggests either a miscoding or limited relevance of the code to current state and local procurement activity. Firms evaluating this code should prioritize direct market research and account mapping to identify actual demand for plastic bonded neodymium magnets among state departments, universities, or local authorities, as recent posted notices do not reliably signal that activity.
Quick answers
What is UNSPSC 31381404?
UNSPSC 31381404 is Plastic bonded machined isotropic neodymium magnet, a commodity in UNSPSC 31000000, Manufacturing Components and Supplies.
Which NIGP codes match UNSPSC 31381404?
UNSPSC 31381404 maps to 1 NIGP code, 55330 Components, Manufacturing (Stamped, Formed, Welded).
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