ISO Retail Standards

Be it online or offline, the retail industry as a whole has an enormous effect on its surroundings or environment. Hence, it makes sense to adopt certification and compliance in accordance with the ISO retail standards. These standards can have a huge positive impact on an organization. If your company is into retail, having ISO retail standards can help you go through the complications of the ever-changing market. These standards also ensure that the products you offer meet the customer’s expectations.

Why do we need ISO Retail standards?

ISO Standards are essential as they allow a company to offer better quality and safety in their products. Companies can be able to get a lot of benefits from the ISO standards as these help with cost optimization by improving the procedures and system in place. Additionally, the impact on the environment is also modified and you’ll be able to get access to new customers and markets. For instance, the implementation of ISO 9001 which is the quality management standard ensures that products are of good quality and safe to use. Thus, you will be able to achieve customers' trust from the ISO standards and also ensure customer satisfaction. Companies that implement ISO standards comply with the defined standards and thus customers have confidence that their products would be beneficial to them. Here are some of the reasons why you need ISO standards:

1. Improved Customer Satisfaction

Customer satisfaction is the prime focus of ISO standards. The standards ensure that your company not only takes care of the customer requirements but also their expectations are met. For example, ISO 9001 ensures that the company has a proper management quality management system to deliver a better customer experience. This also benefits the company as a satisfied customer will be retained since they will develop a strong sense of loyalty.

2. Happier Employees

ISO standards also benefit the employees of an organization. A robust ISO management system positivity impacts your staff and they feel empowered. The ISO standards core principle is to have a happy workforce and one of the key tenets is to focus on employee training for their career development. ISO standards also support a supportive work culture and there is great employee engagement.

3. Top-Notch Quality Products

ISO standard certified companies are expected to offer excellent quality products and services. This is in fact one of the key benefits of implementing ISO retail standards. With ISO standards in place, there is continuous improvement and quality check within the organization so that their products are effectively managed and are of top quality.

4. Increased Efficiency

Out of various reasons why you should have ISO standards, one of the primary reasons is that ISO standards directly or indirectly lead to improvement in the operations of the company. More efficiency and productivity is achieved in the process with the ISO retail standards. This is in fact the fundamental concept of ISO retail standards.

5: Reduced Risk

A vital component of risk-based thinking is risk-based thinking as it enables the company to analyse the factors that can cause deviation in their quality management system. ISO retail standards help to control the negative effects within the processes and minimize the risk as well. These standards determine or identify the risk factors throughout the entire organization.

What are the different types of ISO certification?

Companies are required to choose the ISO certification based on their business requirements ( https://www.yourretailcoach.ae/services/business-strategy-consulting/ ). There are different types of ISO certification available and are mentioned below:

ISO 9001:2008- Quality Management System
OHSAS 18001 – Occupational Health & Safety Management System
ISO 37001 – Anti-bribery management systems
ISO 31000 – Risk Management
ISO 27001 – Information Security Management System
ISO 10002 – Compliant Management System
ISO 14001:2015 – Environmental Management System
ISO 26000 – Social Responsibility
ISO 28000 – Security Management
ISO 22008 – Food Safety Management
SA 8000 – Social accountability
EnMS EN 16001 ISO 50001 – Energy Management
SO/IEC 17025 – Testing and calibration laboratories
SO 13485 – Medical devices
ISO 639 – Language codes
ISO 4217 – Currency codes
ISO 3166 – Country codes
ISO 8601 – Date and time format
ISO 20121 – Sustainable events
SO/IEC 27001 – Information security management
ISO 8583 - Financial transaction

How do companies implement multiple ISO standards?

As stated above, companies implement the ISO standard as per their business needs and their operational processes ( https://www.yourretailcoach.ae/services/business-plan-development/ ). For instance, a company may need to implement ISO for product production, employee safety, products tracking, etc. When talking of multiple standards, the requirements can be addressed in the same way. For instance, if two systems have a document revision requirement, it can be dealt with similarly.

It is worth noting that ISO itself does not offer any certification to the companies. Their certificates are usually provided by external certification bodies. Hence, it is important to identify a credible certification body. For this, you can evaluable multiple certification bodies and check if they use the CASCO standards. Also, make sure to check if the certification body is accredited.

How can YRC help?

At YRC, we offer an array of services to our clients in the retail industry and also to those who are planning to start their business in the retail industry ( https://www.yourretailcoach.ae/ ). Our in-house team of consultants have the necessary expertise and can guide you on various parameters related to the retail business including the ISO standard for the retail industry. Contact Your Retail Coach today if you are looking out for growth or expansion in the retail industry.

Get advise for E-commerce retail business : http://www.yourretailcoach.ae/contact-us/

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We help our clients build robust management systems which shall help to reduce their involvement in daily operations. We act as "Growth Partners" to our clients and help our clients grow in an organised manner. We have served more than 100 brands till date and are associated with 85% of them.

This release was published on openPR.