The use of standardized components typically results in:

The use of standardized components typically leads to fewer inventory items and inventory levels due to the following reasons:

Simplification of Inventory Management: Standardized components reduce the variety of parts needed, simplifying inventory management.

Economies of Scale: Purchasing standardized components in larger quantities can reduce costs and streamline procurement processes.

Reduced Stock Keeping Units (SKUs): Fewer unique components mean fewer SKUs to manage, which simplifies tracking and storage.

Inventory Reduction: With standardized parts, companies can maintain lower safety stock levels due to more predictable usage patterns.