https://newsletter.mw.creamermedia.com
Africa|Automation|Building|Business|Financial|Industrial|Infrastructure|Safety|Systems|Technology|Testing|Training|Equipment|Infrastructure
Africa|Automation|Building|Business|Financial|Industrial|Infrastructure|Safety|Systems|Technology|Testing|Training|Equipment|Infrastructure
africa|automation|building|business|financial|industrial|infrastructure|safety|systems|technology|testing|training|equipment|infrastructure

Companies face compliance hurdles

INTEGRATING STANDARDS Companies typically integrate industry standards through a combination of internal policies, regular audits and management systems

THE COST OF COMPLIANCE Adhering to standards offers significant benefits to businesses, but at a compliance cost of which businesses must be aware

5th July 2024

By: Nadine Ramdass

Creamer Media Writer

     

Font size: - +

Despite various efforts to align South African standards with international standards to facilitate trade and international collaboration, challenges such as lack of compliance and enforcement, and an inability to keep pace with technological advancements persist, says consultancy firm World Wide Industrial and Systems Engineers MD Muhammad Ali.

The South African Bureau of Standards governs testing, inspection, and certification standards, covering a range of industries.

However, Ali explains that companies in South Africa still experience hurdles owing to multiple agencies, overlapping mandates and, sometimes, conflicting requirements. This can lead to compliance burdens, administrative delays and uncertainty.

Consequently, stakeholders should advocate for streamlined regulations, clearer guidance, and capacity-building initiatives and incentives to ease compliance efforts, Ali asserts.

On a business level, Ali explains that companies typically integrate industry standards through a combination of internal policies, regular audits and management systems.

“Organisations are also required to participate in audits, assessments, and reviews to ensure continual compliance and identify areas for improvement,” he adds.

However, resource constraints and lack of awareness hinder implementation, particularly in smaller organisations. To overcome these challenges, businesses must ensure strong leadership commitment while investing in capacity-building initiatives.


Compliance with standards offers significant benefits, including improved product quality, safety advances and market competitiveness, which facilitate access to both domestic and international markets.

Further, noncompliance risks legal liabilities, financial penalties, and reputational damage, which pose a serious risk to an organisation’s sustainability and growth.

However, Ali notes that achieving compliance may include significant costs as it involves investments in infrastructure and equipment as well as training and certification processes.

Therefore, organisations must strategically balance short-term financial considerations with long-term benefits. This can include conducting cost-benefit analyses, risk assessments and market evaluations to assess the impact of compliance.

Ali adds that organisations can also explore opportunities to optimise compliance costs through process efficiencies, technology investments and strategic partnerships.

He notes that automation and robotics can be integrated to minimise human error and increase throughput in testing laboratories while remote sensing and predictive analytics can support early detection of potential hazards or defects.

 

To stay ahead and compliant over the next decade many organisations will have to adopt rapidly evolving digital tools and platforms.

Edited by Nadine James
Features Deputy Editor

Comments

Showroom

Victaulic
Victaulic

Since 1919, Victaulic’s innovative solutions and design services continue to increase construction productivity and reduce risk, ensuring projects...

VISIT SHOWROOM 
Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.055 0.149s - 131pq - 2rq
Subscribe Now