NAICS Code 423420-08 - Calculating & Adding Machs Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

21

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NAICS Code 423420-08 Description (8-Digit)

The Calculating & Adding Machs Supplies (Wholesale) industry involves the wholesale distribution of supplies and equipment used in calculating and adding machines. These machines are used for various purposes such as accounting, bookkeeping, and other financial transactions. The industry is responsible for providing businesses with the necessary tools to perform these tasks efficiently and accurately.

Hierarchy Navigation for NAICS Code 423420-08

Tools

Tools commonly used in the Calculating & Adding Machs Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Adding machine tapes
  • Calculator ribbons
  • Ink rollers
  • Paper rolls
  • Printing calculators
  • Ribbon cartridges
  • Thermal paper rolls
  • Time clock cards
  • Time clock ribbons
  • Typewriter ribbons

Industry Examples of Calculating & Adding Machs Supplies (Wholesale)

Common products and services typical of NAICS Code 423420-08, illustrating the main business activities and contributions to the market.

  • Adding machine supplies
  • Calculator supplies
  • Cash register supplies
  • Check writer supplies
  • Time clock supplies
  • Typewriter supplies
  • Accounting machine supplies
  • Bookkeeping machine supplies
  • Financial machine supplies
  • Office machine supplies

Certifications, Compliance and Licenses for NAICS Code 423420-08 - Calculating & Adding Machs Supplies (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for employees who work with hazardous materials or in hazardous environments. It ensures that employees are trained in safety procedures and can identify and respond to potential hazards. The certification is provided by the US Department of Labor and can be obtained through OSHA training courses.
  • National Association Of Chemical Distributors (NACD) Responsible Distribution Certification: This certification is specific to the chemical distribution industry and ensures that companies are following responsible distribution practices. It covers areas such as product handling, storage, transportation, and disposal. The certification is provided by the NACD and requires an audit of the company's practices.
  • International Organization for Standardization (ISO) 9001 Certification: This certification is a quality management system standard that ensures that a company's products and services meet customer and regulatory requirements. It covers areas such as customer satisfaction, process improvement, and risk management. The certification is provided by ISO and requires an audit of the company's quality management system.
  • National Institute Of Standards and Technology (NIST) Handbook 44 Certification: This certification is specific to the weighing and measuring industry and ensures that companies are following uniform standards for weights and measures. It covers areas such as calibration, testing, and inspection. The certification is provided by NIST and requires an audit of the company's practices.
  • National Conference on Weights and Measures (NCWM) Certification: This certification is specific to the weighing and measuring industry and ensures that companies are following uniform standards for weights and measures. It covers areas such as calibration, testing, and inspection. The certification is provided by the NCWM and requires an audit of the company's practices.

History

A concise historical narrative of NAICS Code 423420-08 covering global milestones and recent developments within the United States.

  • The "Calculating & Adding Machs Supplies (Wholesale)" industry has a long history dating back to the 19th century when the first adding machines were invented. The first adding machine was invented by Blaise Pascal in 1642, but it wasn't until the 1800s that the first commercially successful adding machine was invented by William Seward Burroughs. The Burroughs Adding Machine Company was founded in 1886 and became one of the largest manufacturers of adding machines in the world. In the 20th century, the industry saw significant advancements with the introduction of electronic calculators and computers. The first electronic calculator was invented in 1961 by Jack Kilby and the first personal computer was introduced in 1975 by IBM. In recent history, the industry has seen a shift towards digital solutions with the rise of cloud-based accounting software and mobile applications for financial management. In the United States, the "Calculating & Adding Machs Supplies (Wholesale)" industry has a rich history dating back to the early 20th century. The industry saw significant growth in the 1920s with the introduction of the first mechanical calculators. The Great Depression of the 1930s had a significant impact on the industry, but it rebounded in the post-World War II era with the introduction of electronic calculators. In the 1980s and 1990s, the industry saw a shift towards personal computers and software solutions for financial management. In recent years, the industry has seen a rise in cloud-based accounting software and mobile applications for financial management. Overall, the industry has a long and rich history of innovation and adaptation to new technologies.

Future Outlook for Calculating & Adding Machs Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423420-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Calculating & Adding Machs Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for office equipment and supplies. The rise of e-commerce and online shopping has also contributed to the growth of the industry as more businesses are purchasing office equipment and supplies online. Additionally, the increasing adoption of automation and digitalization in the workplace is expected to drive demand for office equipment and supplies. However, the industry may face challenges such as increasing competition and the threat of substitutes. Overall, the Calculating & Adding Machs Supplies (Wholesale) industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 423420-08

Recent groundbreaking advancements and milestones in the Calculating & Adding Machs Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Office Equipment: The development of smart office equipment such as smart printers and copiers that can connect to the internet and other devices has revolutionized the industry. These devices can perform a range of functions such as scanning, printing, and copying, and can be controlled remotely through a smartphone or tablet.
  • Cloud-Based Solutions: The adoption of cloud-based solutions for office equipment and supplies has increased in recent years. These solutions allow businesses to store and access their data and documents online, making it easier to collaborate and share information.
  • Green Office Supplies: The demand for eco-friendly office supplies has increased in recent years. Many businesses are looking for ways to reduce their environmental impact, and are opting for office supplies made from recycled materials or that are biodegradable.
  • Ergonomic Office Equipment: The development of ergonomic office equipment such as chairs, desks, and keyboards has improved workplace safety and productivity. These products are designed to reduce strain and injury, and can help employees work more comfortably and efficiently.
  • Online Marketplaces: The rise of online marketplaces such as Amazon and Alibaba has made it easier for businesses to purchase office equipment and supplies in bulk. These marketplaces offer a wide range of products at competitive prices, and can be accessed from anywhere in the world.

NAICS Code 423420-08 - Calculating & Adding Machs Supplies (Wholesale)

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