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This video discusses the addition of two new columns, "manufacturer name" and "catalog name," in the 2018 point zero release. These columns aim to simplify the creation of specifications and quotes for end-users by providing clearer information about products. While three-character combinations are used for manufacturing catalogs, customers may not understand these codes. Therefore, it is important to explain to customers who makes the items and from which catalogs they come from. The video demonstrates how to turn on these columns in the worksheet with pre-populated fields.