WANDReview Spring '26 Edition
- Shawna Pratt

- 4 days ago
- 2 min read
The latest WAND Taxonomies, Glossaries, CDMs, and Updates

NEW Taxonomy: Lost Productivity
In any organization, lost productivity is the gap between potential output and actual output. The cause for that gap can be due to equipment failure, lack of manpower, problems with the supply chain, or something totally beyond the organization's control such as a weather event. This taxonomy covers the most common areas leading to lost productivity and enables you to find your related documentation and data in a fraction of the time that it would take to recreate those assets. As with all our taxonomies, this strong foundation metadata model can be customized to include additional terms relating to your specific needs or industry.

WholesaleTaxonomy Update
With over 2,000 new terms, this in-depth update to WAND's Wholesale Taxonomy aims to ensure that your organization has the most up-to-date information with which to tag. From new synonyms to more detailed hierarchies, you are sure to find all the terms you need already included in this taxonomy.
As with all our taxonomies, you can view and download the full list of updated terms by visiting the WAND Taxonomy Library Portal.

Accounting Taxonomy Update
WAND is also proud to have added almost 700 new terms to our Accounting Taxonomy for the same purpose: to make sure you have access to the most up-to-date information. With these terms, your data will be easier to find and use.
Please check out and download the most recent Accounting Taxonomy update by visiting the WAND Taxonomy Library Portal.

Legal Taxonomy Updates
Finally, this month, WAND added 210 terms and synonyms to our Legal Taxonomy. We hope that you will find immediate use for all these new terms within whichever system you employ.
To download the most recent taxonomy updates or to explore the full list of added terms, please visit our WAND Taxonomy Library Portal and find the Legal Taxonomy under "Latest Updates."

What's in a Name?
Words can mean lots of different things depending on the context, audience, and industry. Understanding the differences and employing a company-wide glossary can avoid a lot of confusion in communications! Consider, if you will, the word...
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A family member who is immediate family
To cover up an opening
To cease operation




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