BENEFITS OF STANDARDS

Standards provide benefits to different sectors of society. Some of the benefits of standards are as follows

For manufacturers, standards:

 Rationalize the manufacturing process.

 Eliminate or reduce wasteful material or labor.

 Reduce inventories of both raw materials and finished products.

 Reduce the cost of manufacture.

For customers, standards:

 Assure the quality of goods purchased and services received.

 Provide better value for money.

 Are convenient for settling the disputes with suppliers

For traders, standards:

 Provide a workable basis for acceptance or rejection of goods or

consequential disputes.

 Minimize delays, correspondence, etc., resulting from inaccurate or

incomplete specification of materials or products.

For technologists, standards:

Provide starting points for research and development for further

improvement of goods and services