By using standards businesses can save in all areas:
- R&D can access the knowledge base contained in standards.
- Production can rationalize by using the information in standards to produce more for less and lower transaction costs.
- Quality departments can improve customer satisfaction while at the same time reducing liability risks by meeting quality and product safety requirements laid down in standards.
- Marketing can use International Standards to enter the global market.
- Sales departments will see greater demand and higher profits if standards are used to increase interface compatibility.
Although participation in standards work entails initial costs and time investment, being active in standardization makes a large contribution to economic efficiency in the end. For instance, only businesses active in standardization at the national level have their interests represented in European or international standards organizations. They also have an opportunity to see their propriety technology prevail on the market. In addition, standards work offers a forum for observing technological developments on the market and among competitors. Because customers and suppliers are also involved in the standardization process, businesses can have timely access to their wants and needs. These strategic advantages can help a business save on the costs of adjusting to the market and of market entry.
“Standards contribute to the economic efficiency of our company because through them we know just to which principles we are to produce.”
Rüdiger Köhler, Head of Sales South/Export, UTZ GmbH
"If you are sure that a supplier complies with a standard, purchasing is much easier in terms of testing and product acceptance. This also brings cost savings."
Gordon Riske, CEO, Linde GmbH
“We can work at minimum cost when we use standard parts and place them on the world market because the quality level does not have to be checked again.”
Klaus Kuonath, Corporate Standards Officer, Daimler AG