The benefits of certification can be categorised under operational results, financial results, benefits to customers and benefits related to staff.
1. Operational results
Improved supplier relationship and increased inventory turnover are good examples of operational results. Working to the requirements of a standard means you'll run a more streamlined and efficient business.
2. Financial results
These include increased sales and market share and reduced cost and wastage. Certification opens the door to new customers and markets.
3. Benefits related to customers
These include improved customer service, leading to increased customer satisfaction. Certification gives prospective customers assurance that you will provide a quality product or service.
4. Benefits related to staff
Improved health and safety can increase morale and attendance, leading to reduced staff absences. Your business can attract and retain staff.