What is ISO 9000 & 14000 Supply Chain Standards & Acronyms (Part 1), $100K+ by 30:

Please reach out any time at: https://www.simecurkovic.com/contact-dr-curkovic/ Are you ready for all the acronyms in your field?... ISO 14000, ISO 9000 , SA 8000, TS/IATF 16949, FACTOR PRICE EQUALIZATION, C-TPAT, SOX, GDPR Read: Clarification on ISO standards ISO 9000 and ISO 14000 are just the names of the international standards for quality (9000) and environment (14000). ISO certification means you have policies and procedures from beginning to end on everything and anything that pertains to the strategic issues being addresses (i.e., quality (9000), pollution (14000), risk (31000), food safety (22000), etc.). So, it basically means you have a well documented game plan on how to be proactive and/or deal with anything that goes wrong when it comes to strategic initiatives like quality (9000), pollution (14000), risk (31000), food safety (22000), etc. When a company actually gets ISO 14000 certified, the rubber stamp/certificate will say ISO "14001". The other stuff such as 14004, 14010, 14012, etc., are just different parts of ISO 14000 (guidelines) that help companies get the rubber stamp that says ISO "14001". Do not worry about these kinds of details. You are obviously learning the basics (keep it general). Likewise, ISO 9001, 9002, and 9003 are the different rubber stamps that different companies can get. For example, if you design and build stuff, you get ISO 9001 certified, if you only build stuff but do not do design work you get ISO 9002 certified, and if you do not build anything like a hotel or lab you get ISO 9003 certified. Again, way too much detail and focus on the basics. Thank you and please let me know if you have more questions. Sime *********************************************** http://www.iso.org/iso/home.html Popular standards (Please only memorize ISO 9000 and 14000, but realize there are international standards for almost every major “strategic” initiative that a company might want to pursue). ISO 31000 Risk management - so if you want to prove to customers and stakeholders that you have policies and procedures for all of your potential "risk" issues, you get ISO 31000 certified. However, you need to spend a lot of time and money actually creating a system for proactively managing your "risk". ISO 9000 Quality management ISO 26000 Social responsibility ISO 14000 Environmental management ISO 22000 Food safety management ISO 50001 Energy management ISO 3166 Country codes ISO 4217 Currency codes Which part of a company is most greatly impacted by these ISO standards? For example, which part of the company has the greatest exposure to quality, pollution, risk, energy, social responsibility? How about Supply Chain Management? My point is that you can never get any of these certifications without being good at SCM because SCM takes on the greatest responsibility for these certifications. It all begins and ends with SCM. Test Question: ISO 13485 is specific to the supply chains associated with what type of manufacturers (think of a Fortune 500 company headquartered in Kalamazoo that is super regulated by the Food and Drug Administration)? ************************************************ What is SOX? The Sarbanes Oxley Act of 2002 (SOX) was introduced to close the gap between ownership (by stakeholders) of publicly listed companies and control of such companies (by boards of directors and executive management teams) as well as to restore investor confidence following the widely publicized Enron, WorldCom, and Tyco cases (Barratt, Savidge, and R. Barratt, 2006). Sox is administered by the Securities and Exchange Commission (SEC), and recently released numbers showing that the annual cost of compliance to the Act is 1 million dollars for every 1 billion in company revenue. CRA International released a study that illustrated that total cost of compliance (internal costs, external costs, and audit fees) are in the excess of 8.5 million dollars for large public corporations. While another study provided by Financial Executives International indicated that companies that have 75 million in capitalizations spent almost 1 million in each one of section 404 regulations. Supply chain design and architecture are affected because SOX compliance highly emphasizes the need for supply chain visibility. The visibility in the supply chain encompasses: suppliers (records, material information, shipping procedures, & pricing), shipping providers (company controlled, 3pl, & 4pl), and finally the customers. SOX – Basically, you have to have policies and procedures for how every dollar is spent and accounted for (to ensure accurate financial results).

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