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The Product and Price Information Format (PPIF) effort of the National Fluid Power Association seeks to establish an industry standard for the exchange of product/price information along the fluid power supply chain. The standard is aimed at serving customers more efficiently, and thus at less cost, by enabling distributors to do "apples to apples" comparisons of components with the most up-to-date information. Currently, information from manufacturers comes to distributors in different formats, which incurs extra costs for distributors to accommodate programming for various data formats or even manual data entry. Not being current on pricing incurs customers' bad will and even lost profitability.
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