It’s common knowledge that standardization inside a company is advantageous when accounting and purchasing use the same terminology. Establishing these concepts and language is best practice while aligning it to external standards. Several acknowledged external organizations develop standardized systems, but the ISO’s standards are the most well-liked and widely followed.
What does ISO mean?
The International Organization of Standardization is known by the initials ISO. It is an organization that works internationally to develop, establish, and promote standards. So far, they have released about 22,600 standards and related documentation that apply to many sectors of the economy.
Benefits Of Having ISO Standards
ISO Standards have a lot of advantages when businesses obtain them. It provides tried-and-true techniques for best practices in all facets of business operations. Outside parties will find it simpler to collaborate with you because everyone recognizes the standard you are functioning at. Additionally, having this shows clients that you have a level of quality and safety and someone they can trust.
Kinds Of ISO Standards
These standards are a collection of best practices that support product interoperability, highlight safety concerns, and exchange knowledge and solutions.
1. ISO 9001
The requirements for a quality management system are outlined in ISO 9000. It aims to assist a business in maintaining high standards for both quality and customer service. This ISO is a collection of standardized tools and procedures for identifying areas that need improvement. Given this fact, it is internationally recognized as the best practice for quality management.
2. ISO 14001
The environmental management system specifications laid out can be used by an organization to improve its environmental performance. It is designed to be used by an organization that wants to take care of its environmental obligations. This can assist businesses in achieving objectives that benefit the environment, the business, and other parties.
3. ISO 20000
The standard outlines management procedures to help you provide IT services more successfully. Generally, the methods and structure provided allow you to manage your ITSM. While also demonstrating that your business adheres to best practices, enhancing the quality of your IT service delivery. Additionally, businesses can use ISO 20000 in any industry or business size.
4. ISO 22000
This standard specifies the requirements for a food safety management system (FSMS). It enables an organization to be directly or indirectly involved in the food chain. Also, it updates an FSMS that provides safe products and services under their intended use. Numerous sectors are using this standard, which was issued in 2018.
5. ISO 27001
The most recent version of the information security standard. This lays out precise standards for a management system to bring information security under management control. Following the successful audit, organizations that comply with the standards may be certified by a recognized certifying authority.
6. ISO 31000
This provides information on the framework and plans to implement safety and manage risks using a widely accepted benchmark. The secret to sustaining a successful business is putting ISO 31000 into practice. It will serve as an appropriate guide to assist organizations in achieving goals, identifying opportunities and threats, and allocating resources.
7. ISO 45001
The ISO 45001 standard outlines the specifications for an occupational health and safety management system. It provides instructions for its application, enabling organizations to provide safe and healthy workplaces by proactively enhancing their OH&S performance. Which accordingly prevents work-related injury and illness.
8. ISO 50001
This standard offers the strongest framework for maximizing energy efficiency in organizations in the public and private sectors. It displays a company’s dedication to advancing energy management. Enabling them to set an example for others in their respective industries and guarantee compliance with legal and regulatory standards.
Conclusion
Businesses can adopt procedures that help organize and standardize their internal processes using ISO standards. Understanding the benefits of standards and the QMP idea may positively impact the bottom line of any size firm. Reducing waste, increasing productivity, and lowering production costs are just a few outcomes that can be obtained using these standards.
