Map Ta Phut Olefins Company Limited (MOC), a subsidiary of SCG Chemicals, produces two main chemicals; ethylene and propylene. Given that energy is the most significant operating cost, the company developed an energy efficiency improvement strategy that identified ISO:50001 implementation as a tool for the development and standardisation of the operating process. Since certification was […]
PTT Chemical Public Company in Thailand saved USD 9.4 million in 2010 from increased plant reliability, reduced off-specification product, and lower energy and ethylene consumption by applying standards. The company also calculated that standards contributed 3% of sales revenue for total high density polyethylene. Further information is available in a factsheet.
The Global Innovation Index (GII) provides detailed metrics about the innovation performance of 127 countries and economies around the world. The index is the result of a collaboration between Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO). The GII has gained international recognition, establishing itself as both a leading reference on innovation and […]
This article, written by Basak Manders and Henk J. de Vries from the Rotterdam School of Management Erasmus University, summarises key results from 42 scientific studies showing that implementing ISO 9001 does enhance financial performance. The researchers looked at financial indicators such as return on assets, sales, investment and equity, and profit margin, profitability, increased […]
A survey covering quality management system development, certification, accreditation and economic benefits, using a variety of research tools to judge the awareness and use of accredited certification to ISO 9001 by purchasing organizations. Research included a survey of purchasing organizations (the present and potential customers of ISO 9001 certified suppliers); interviews with some of these; survey of […]
The authors examine how third party certification with quality management standards and mutual recognition of certification through international agreements of accreditation bodies creates trust between trading partners and increases bilateral trade. They focus on the food, beverage and tobacco industry and use augmented gravity models for the 2000-2008 period. Their results show that quality management […]
The authors base their paper on data from a global company survey of certified companies carried out by the International Accreditation Forum (IAF) in 2010/11. They use multivariate Probit and ordered Probit models to analyze how company internal and external factors influence the perception of benefits from accredited certification. Benefits from accredited certification are divided […]
A Europe-wide study conducted by the International Federation of Inspection Agencies (IFIA) has revealed that nearly 80% of products tested bearing the CE Mark through self-declaration of conformity (SDoC) did not comply with EU Regulations. The survey also found that 16% of products showed safety-critical failures, resulting in a high risk of shock or fire. […]
A comprehensive literature review of 82 scientific studies relating to ISO 9001 and ISO 14001 (Tari, Molina-Azorin and Heras, 2012) concludes that both management system standards provide clear benefits on operational. people and customer performance. Download a copy of the review.
The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy. It has published a summary document for policy […]
This publication is intended to assist businesses and individuals to demonstrate the tangible benefits that standards bring to organisations – and, more generally, to citizens and society, by: Highlighting how standards create value for the organizations that use them, and how we calculate the value of standards, and Providing factsheets of case studies that quantify […]
This video, produced by CEN/CENELEC, shows how standards can help SMEs. The video can be viewed on YouTube.
This ISO publication sets out how standards provide solutions and achieve benefits for almost all sectors, including agriculture, construction, mechanical engineering, manufacturing, distribution, transport, healthcare, ICT, the environment, and energy. The publication includes external data that demonstrates the impact of standards on certain industries: According to the Canberra-based Centre of International Economics, a sampling of […]
As a small to medium-sized enterprise (SME) looking to expand your business, this ISO brochure shows you how ISO International Standards can enhance your business as they have done for thousands of other small enterprises before you.