Standard Owner Benchmark - Business Alliance For Secure Commerce

By CommonShare

Business Alliance for Secure Commerce (BASC) is an international business association that promotes secure trade and supply chain practices. It was founded in 1996 with the goal of enhancing security and reducing risks associated with international trade.

BASC provides a framework and certification program that enables companies to demonstrate their commitment to secure business practices. The program includes a set of security standards and guidelines that companies must adhere to in order to become certified members of BASC. These standards cover areas such as physical security, personnel security, information security, and risk management.

By becoming a certified member of BASC, companies gain credibility and recognition for their commitment to security, which can lead to increased trust and business opportunities. BASC members benefit from networking opportunities, access to information and resources on security best practices, and collaboration with other like-minded businesses.

BASC works closely with government authorities, customs administrations, and law enforcement agencies to promote secure trade practices and combat illicit activities such as smuggling, terrorism, and organized crime. The organization facilitates information sharing and cooperation among its members and stakeholders to ensure the highest level of security in international trade.

As a non-profit organization, BASC operates with the mission of fostering secure trade practices and contributing to global supply chain security. Its focus is on creating a secure and transparent business environment that benefits both companies and governments by reducing risks, ensuring compliance with international security standards, and promoting sustainable economic growth.

Overall, BASC plays a crucial role in enhancing security and promoting ethical business practices in international trade, ultimately contributing to a safer and more secure global supply chain.

Overall Rating

2.0
Undistinguished

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.
Business Alliance For Secure Commerce
United States
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How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.