Supply chain standards are established guidelines and best practices that organizations follow to ensure efficient and effective management of their supply chains. These standards help streamline processes, improve product quality, and enhance communication among all parties involved, including suppliers, manufacturers, and retailers. By adhering to these standards, companies can reduce costs and minimize risks associated with supply chain disruptions. Common supply chain standards include ISO 9001 for quality management and ISO 28000 for security management. These frameworks provide a structured approach to managing various aspects of the supply chain, ensuring compliance with regulations and fostering continuous improvement.