Resilience of a Global Supply Chain Requires Compliance Measures To Mitigate Regulatory Risk
Risk is inherent in every company’s global supply chain. Risks to seriously consider include, but are not limited to: export controls and sanctions, environmental, social and governance compliance requirements, labor laws, and health and safety laws.
What Compliance Considerations Exist Today?
The two most commonly adhered to regulation standards are EU REACH and EU RoHS. However, attention to the health of citizens and the environment has led to the implementation of guidance and regulations in countries around the world. Below is a general overview of today’s directives and regulations all companies should be aware and proactively aligned by way of due diligence.
- Halogen Free
- Packaging and Packaging Waste
- IEC 62474
- IPC 1752
- China RoHS
- Korea RoHS
- Vietnam RoHS
- US Conflict Minerals
- California Proposition 65
Due diligence is defined by the Organization for Economic Cooperation and Development (OECD) as an ongoing, proactive and reactive process through which companies ensure that they respect human rights and do not contribute to conflicts in high-risk areas (OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas Second Edition, OECD Publishing, 2013, http://bit.ly/2t9iQcD). Staying aware and proactive on today’s compliance regulations is exercising due diligence —even if the legislation is not immediately applicable or impacting the products you are manufacturing today. Regulations change, product exemptions change or even expire, parts become obsolete – all could have immediate impact on your business.
How Can SiliconExpert Assist In Keeping you Compliant?
SiliconExpert has a broad set of compliance solutions that define, evaluate and monitor every data point of a product’s constitution – ensuring compliance to all of today’s major directives and regulations. Our solutions allow you identify risk within your supply chain and empower you to make proactive decisions to meet regulation requirements relevant to your products and business. With SiliconExpert compliance solutions:
Easily access compliance reports for your BOMs
View pictorial representation of compliance data using pie charts
Engage with interactive diagrams with ability to click and view filtered data
Download reports in Microsoft Excel
Receive proactive communications on events and announcements that may impact your supply chain
Integrate with your internal IT systems through our API toolkit
Learn more about each compliance solution by reviewing our data sheets specific to each regulation and/or directive.