Standardization is the process of establishing uniformity across manufacturing materials and processes. Potential benefits of standardization include lower production and procurement costs through economies of scale, easier and less expensive repair and replacement, and faster and more efficient processes, for example.
In developing a product for the market, considering standardization across the following elements may demonstrate financial benefits:
One method to standardization is the “zero-based approach” in which you begin with the question “How can I build this widget using as few [specify material or process characteristic] as possible”? From there, you begin with a blank sheet and try to keep the number down to a minimum.