Standards in Procurement

A standard is an agreed and repeatable way of doing something. A standard is a collective work that is created by bringing together the expertise and experience of all interested parties, such as manufacturers, sellers, buyers, users and regulators of a particular material, product, process or service.

Information about Standards in Procurement

A standard is an agreed and repeatable way of doing something. A standard is a collective work that is created by bringing together the expertise and experience of all interested parties, such as manufacturers, sellers, buyers, users and regulators of a particular material, product, process or service. Standards are designed for voluntary use and do not generally impose any regulation, but some laws and regulations may refer to standards and even make compliance with them compulsory. There are many different types of standards ranging from British Standards to labelling standards such as the Fairtrade trade mark, the Forest Stewardship Council Standards mark and the European Flower mark.

Return to Continuous Improvement topic.

Return to Efficiency topic.

Related concepts

Kaizen

Kaizen is a management strategy that focuses on constant, process-oriented improvement (Imai, 1986)

Find out more

Procurement Transformation

A new era is changing the procurement function, creating broader and deeper roles where buyers also need to be value brokers, and capture, retain and manage talent (Supply Management)

Find out more

Benchmarking

Benchmarking is a continuous and systematic process for evaluating the products, services and work processes of organisations that are recognised as representing best practice for the...

Find out more