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Danish Standards (DS) is Denmark's national standardization body. From agriculture to technology, this standards collection contains multiple topics for businesses operating in Denmark. Collection documents include standards, international rules, and public authority requirements regarding commerce. DS standards help you:
| Full Online Standards Solution | Individual Standards |
|---|---|
| Multiple standards | Minimal standards |
| Frequent purchases ($3000+/year) | Infrequent purchases |
| Standards access or budget management, organization-wide | Less than 5 employees use standards |
| Learn more about Engineering Workbench by IHS Markit | Buy now |
When a global agriculture company standardized on one source of market intelligence for purchasing, it surpassed a goal of $500 million in savings by almost 35%. Savings included $9 million from a supplier that was 50% less expensive and $11 million from integrating logistics with procurement, as well as gains from a hedging strategy to manage fluctuating prices.
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One of the world’s premier semiconductor companies increased the number of cross references in its parts database from 100,000 to nearly 2 million. In doing so, the company boosted results of its parts with the lowest searches by 52 percent and helped its customers find alternatives for obsolete parts so they can avoid the need to redesign products.
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