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1. Reduced expenses
Lowering expenses by reducing errors and duplications and raising productivity.
2. Effectiveness
Increasing the level of safety, lead time, and product quality.
3. Risk reduction
Identifying and reducing risks in their supply chain and company.
4. Availability
Reduce research and development expenses while accelerating time to market by building on already standardised technology or systems.
5. Customer Credibility
Boosting consumer trust in a product or service's reliability and quality in order to promote commercial acceptance.
6. Consistency
Accuracy and confidence in local and international commercial transactions are made possible by uniform measurement.
7. Get rid of obstacles to trade
Promoting cross-border movement of goods, services, and people to increase trade.
8. Global Vendor Conditions
Supply chain management will be enhanced by establishing uniform requirements that all vendors must meet.
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