Is there any person who can explain the differences between standardization and specification associated with ordering process?

Standardization - Enables Mass Production Enables Customization Improves Supplier Coordination Improves Quality Enables Simplification Enables Delayed Differentiation  - which reduces Inventories and total cost.

Specifications  - Communicate to professionals in the supply management department what to buy.

■ Communicate to prospective suppliers what is required.

■ Establish the tangible goods to be provided.

■ Establish the intangible services to be provided, such as warranty, maintenance, and support.

■ Establish the standards against which inspections, tests, and quality checks are made.

■ Balance the specification goals of individual departments, relevant suppliers, desired product or service performance and cost.