Using the solution, the organization's suppliers, compliance monitors, and social compliance auditors will be able to collaborate and more accurately identify potential risks in advance, as well as implement the necessary corrective and preventive actions. They will also increase the efficiency of their assessments around tracking supply chain compliance with Customs Trade Partnership against Terrorism (C-TPAT) based on multiple security criteria.By mid-2013, Section 1502 of the Dodd-Frank Act requires all U.S. companies that use minerals originating in or near the Democratic Republic of Congo (DRC) to file a conflict minerals report. The MetricStream solution will provide a single and centralized framework to efficiently manage the company's conflict minerals programs and assessments across their diverse network of global suppliers, automatically route information for attestations and representations, and generate the required regulatory reports. The solution will also integrate with information sources such as the EICC Conflict Free Smelter list and Conflict Minerals Company Rankings list, and will trigger alerts when periodic updates occur.
Fortune 100 Consumer Electronics Company Chooses MetricStream For Supplier Governance, Sustainability, And Corporate Social Responsibility
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