Elmtree Consultancy

UK import and export compliance services

Why Use Standards

The case for standards is becoming stronger than ever

We are surrounded by the effects of standardization, but don’t necessarily appreciate the role that it plays – helping to make products safe, reliable and compatible for example. Businesses of all shapes and sizes around the world have benefited from the important role that standards play – not least in enabling international communication and global trade.”
 A strong endorsement of the impact of standardization is the fact that standards do affect and influence all aspects of modern life. From sport to food, from clothing to scientific instruments, from equipment to management or manufacturing practices, standards ensure compatibility between products or systems, and assist in the spread of new technology. They help large and small companies, multinationals and businesses looking to enter new European and worldwide markets. Public standards, produced by International Standards organizations such as the UK National Standards body BSI, generate an “openness” and “credibility” among goods and services.

Innovation, not just in terms of the constant development of new and improved products, but also in relation to associated services, business processes and practices, business organization, supplier and customer relationships, is critical to success. Businesses need to be fleet of foot and flexible too. 
 Standardization can help organizations with their efficiency, effectiveness, responsiveness and innovation, and can help drive competitiveness – not just for individual businesses but for the economy as a whole.
 

 A recent survey conducted with the top 250 FTSE companies revealed 78 per cent of businesses that adopt standards deem themselves prepared to deal with IT failure, compared with 28 per cent that do not adopt standards. Seventy-one per cent of businesses that use standards feel ready to deal with failure in the supply chain, compared to 43 per cent who don’t.
Far from hindering British business, a 2005 DTI study of the UK’s portfolio of formal standards demonstrated that standards have contributed £2.5bn per year to the UK economy and account for 13 per cent of annual growth in UK labour productivity, enabling innovation and international technology transfer, and providing a framework for sustainable growth and profitability by streamlining business efficiency.