Standardization

Standardization is the process of creating a standard size, format, quality, or other commonality shared by different products or services. It serves to simplify production, maximize efficiency, and improve safety and quality. Examples of standardization include building codes and quality control procedures for manufacturing. Standardization is essential for global trade and efficient supply chains, as products can be made and shipped more quickly and reliably when all countries involved are using the same standards. It also helps to ensure that products are safe to use and meet accepted quality levels. Standardization leads to cost savings, improved competition and innovation, and better customer service.