We discuss the improvements that the ILC can make in precision electroweak observables based on studies with the ILD detector concept. These include observables from WW production and radiative return to the Z at a centre of mass energy of 250 GeV, and from a dedicated stage of running at the Z pole. These improvements take advantage of the ILC capabilities for polarized electron and positron beams, and an accelerator design that accommodates data-taking at a wide range of beam energies. We also present new results on precision measurements of fermion pair production. The studies include experimental considerations evaluated in the context of the ILD detector concept and discussion of experimental strategies targeted at controlling relevant systematic uncertainties.