What are the benefits of standardization?
- Rationalize different varieties of products.
- Decrease the volume of products in the store and also the manufacturer cost.
- Improve the management and design.
- Speed up the management of orders.
- Facilitate the exportation and marketing of products.
- Simplify purchasing management.
Likewise, what are the benefits of Standardisation?
The benefits of standardization. Fundamentally, standardization means that your employees have an established, time-tested process to use. When done well, standardization can decrease ambiguity and guesswork, guarantee quality, boost productivity, and increase employee morale.
Also to know, what is the purpose of standardization?
Standardization is the process of determining the exact concentration (molarity) of a solution. Titration is one type of analytical procedure often used in standardization. In a titration, an exact volume of one substance is reacted with a known amount of another substance.
A second advantage is that it can reduce costs by enabling all hotels in a chain to take advantage of economies of scale and negotiate lower prices from suppliers. The main disadvantage to standardization is that it reduces the flexibility of a chain to cater for regional tastes and expectations.