In a study commissioned by DIN in 2000 the economic benefits of standardization were estimated at 16 billion euros a year for Germany alone. Although the benefits for the economy as a whole are clear, many managers may not be sure as to which areas of their businesses gain most from the application of standards.

This interactive checklist will help you determine which economic benefits a particular standard brings to your business. There are two types of benefit, one being the direct impact standards have on your business and its cost structure and the second being the effects of standards on your business environment as a whole. The methodology behind the checklist is drawn from a guideline to determining the benefits of DIN Standards that was developed in 2004 on the basis of the results to the above-mentioned study.