The people who have responded so far do not fully understand the ISO concept.
ISO 9001 is a Quality System only. It has no direct tie to money making or
profit. It is a uniform set of guidelines for an effective quality system.
9001 is for manufacturing. 9002 is for independent testing laboratories.
There are accredited registrars and surveillance auditors who audit a
company's quality system to ensure that they are in compliance with the 20
elements of the ISO Standard. ( A complete audit of a Quality System
typically takes a couple of auditors 3 days or so.) The three basic
principles of an ISO accredited system are 1 - Say what you do (have a
Quality Policy Manual and a Quality Procedure Manual). 2 - Do what you say
(Follow the Procedures and Policies), and 3 - Prove it (this means sign-offs,
documentation, training records, etc.)
To say that having an ISO 9001 system in place does not guarantee a
quality product out the door is true. However, NOT having an ISO system is
certainly not a guarantee of quality. What ISO does is provides a set of
guidelines to be followed for the operation of an effective Quality System,
it is up to the individual company to manufacture a quality product.