- The International Organization for Standardization (ISO) stipulates that standards are "specifications, guidelines, or characteristics that can be used consistently to ensure that materials, products, processes and services are fit for purpose".
Benefits of complying with a standard
Research shows that implementing standards, especially for a Small to Medium Enterprise (SME), can help reduce costs, increase productivity and access new markets.
For SME's, standards can help to:
- Build customer confidence that the product / service is safe and reliable,
- Help company meet regulatory requirements, at a lower cost,
- Help decrease costs across all aspects of your business,
- Assist the company in gaining new markets (ISO),
- Enhance business processes and increase efficiency,
- Help enterprise compete with bigger companies,
- Give the company a competitive edge.
The International Organization for Standardization (ISO) stipulates that standards are “specifications, guidelines, or characteristics that can be used consistently to ensure that materials, products, processes and services are fit for purpose”.