Standards
Offering international standards is among the main activities of IEI. IEI is one of the world’s largest providers of voluntary International Standards. International Standards give state of the art specifications for products, services and good practice, helping to make industry more efficient and effective. Developed through global consensus, they help to break down barriers to international trade.
International Standards bring technological, economic and societal benefits. They help to harmonize technical specifications of products and services making industry more efficient and breaking down barriers to international trade. Conformity to International Standards helps reassure consumers that products are safe, efficient and good for the environment.
Facts and figures about the benefits of standards
For more information about the benefits of standards, please study below.
For business
International Standards are strategic tools and guidelines to help companies tackle some of the most demanding challenges of modern business. They ensure that business operations are as efficient as possible, increase productivity and help companies access new markets.
Benefits include:
. Cost savings - International Standards help optimize operations and therefore improve the bottom line
. Enhanced customer satisfaction - International Standards help improve quality, enhance customer satisfaction and increase sales
. Access to new markets - International Standards help prevent trade barriers and open up global markets
. Increased market share - International Standards help increase productivity and competitive advantage
. Environmental benefits - International Standards help reduce negative impacts on the environment
For Society
When products and services conform to International Standards, consumers can have confidence that they are safe, reliable and of good quality.
International Standards on air, water and soil quality, on emissions of gases and radiation and environmental aspects of products contribute to efforts to preserve the environment and the health of citizens.
For government
International standards draw on international expertise and experience and are therefore a vital resource for governments when developing regulations.
National governments can make international standards a regulatory requirement. This has a number of benefits:
. Expert opinion - international standards are developed by experts. By integrating an international standard into national regulation, governments can benefit from the opinion of experts without having to call on their services directly.
. Opening up world trade - international standards are international and adopted by many governments. By integrating international standards into national regulation, governments help to ensure that requirements for imports and exports are the same the world over, therefore facilitating the movement of goods, services and technologies from country to country.
