Standards are the key to consistency in business. They set out the processes, procedures and frameworks to ensure that products, services, processes and people meet a qualified set of expectations. Standards streamline and systematise complexity to provide a level of trust in the best means to achieving an outcome, a capability, a competency or an output.
Standards do far more than just help you comply with the relevant rules and regulations. They play a crucial role in facilitating international trade, supporting businesses into export markets by lowering barriers to trade.
Regulators often count on standards as a means to verify outcomes, capabilities or outputs.
For businesses, especially micro, small or medium enterprises (MSMEs), adhering to international trade standards can reduce the cost and risk of doing business while also providing an opportunity to increase productivity, build supplier trust, increase customer confidence and access new market opportunities.
These are all achieved through ensuring consistency, minimising non-conformance and establishing frameworks to deliver expectations.
Standards work to achieve ‘The best way of doing something’.
Certifying adherence to international trade standards is the most effective means to providing a network of trusted trade professionals and specialist consulting services to facilitate a businesses’ international expansion much earlier in their operations. It is increasingly common today for a start-up to “go international” on day one of operations, whether through online channels, on the basis of unsolicited orders, or as part of a conscious management decision. Opportunity abounds, but at the same time the luxury of honing competencies and dealing with risk in a familiar domestic market is no longer a given.
It is imperative that businesses not only have access to the right competencies but the support of an ecosystem to assist them to take advantage of new international opportunities.
Global ISO/IEC standards can provide the underlying trust mechanism and be harnessed to facilitate and break down barriers to trade.