A standard is defined as a model or a general agreement of a rule established by authority, or custom, created and used by various level of interest. For instance, an individual may be the starting point of using standard and then his department will use the same standard to suite its needs. The standard could cover a variety of industries such as engineering, textile, chemicals, pharmaceuticals, agricultural as also education. The standards can include purchase contracts, forms, sampling, testing, safety measures, etc.
Market grades, commercial standards, performance specifications are the popular examples of wide range application of standardization. With standardization more then one manufacturer can supply and this will be implied better availability, better price and better delivery. Standardization also implies regular available to reduce purchase efforts, less stock and less obsolete items. It also means less inspections efforts as a matter of fact many organization do not check routine items bearing ISI marks in very detail manner but resort to inspection of only a small fractions of items. It is also possible to enter into rate/running contract with standard item.
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