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===Advantages=== Proper quality management can improve business, often having a positive effect on investment, market share, sales growth, sales margins, competitive advantage, and avoidance of litigation.<ref name="sroufe">Sroufe, Robert and Sime Curkovic, "An examination of ISO 9000:2000 and supply chain quality assurance." Journal of Operations Management, Volume 26, Issue 4, July 2008, Pages 503β520</ref> The quality principles in ISO 9000:2000 are also sound, according to Wade <ref name="wade"/> and Barnes, who says that "ISO 9000 guidelines provide a comprehensive model for quality management systems that can make any company competitive".<ref name="barnes"/> Sroufe and Curkovic, (2008) found benefits ranging from registration required to remain part of a supply base, better documentation, to cost benefits, and improved involvement and communication with management.<ref name="sroufe"/> According to the ISO,<ref>{{cite web|title=Debunking the myths|url=https://www.iso.org/files/live/sites/isoorg/files/archive/pdf/en/iso_9001_debunking_the_myths.pdf|website=Iso.org|publisher=International Organization for Standardization|access-date=7 July 2017|archive-date=19 August 2017|archive-url=https://web.archive.org/web/20170819021915/https://www.iso.org/files/live/sites/isoorg/files/archive/pdf/en/iso_9001_debunking_the_myths.pdf|url-status=dead}}</ref> the 2015 version of the standard brings the following benefits: # By assessing their context, organizations can define who is affected by their work and what they expect. This enables clearly stated business objectives and the identification of new business opportunities. # Organizations can identify and address the risks associated with their organization. # By putting customers first, organizations can make sure they consistently meet customer needs and enhance customer satisfaction. This can lead to more repeat customers, new clients and increased business for the organization. # Organizations work in a more efficient way as all their processes are aligned and understood by everyone. This increases productivity and efficiency, bringing internal costs down. # Organizations will meet necessary statutory and regulatory requirements. # Organizations can expand into new markets, as some sectors and clients require ISO 9001 before doing business.
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