This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Newsbyte: Wurth Group Extends Relationship With SAP To Meet Global Product Compliance Goals In The Cloud

Stocks in this article: SAP

WALLDORF, Germany, July 29, 2013 /PRNewswire/ --  SAP AG (NYSE: SAP) today announced that the Wurth Group, a worldwide wholesaler of assembly and fastening material, has signed a customer contract with SAP to keep up with compliance in the face of rapidly changing regulations and products. The Wurth Group intends to use the SAP® EHS Regulatory Documentation OnDemand content service to support product compliance across operations globally, automatically provisioning more than 77,000 safety data sheets and supporting data and covering country specifics for nearly 80 Wurth Group country organizations. The company plans to extend the contract with SAP over the next five years.


Sustainable innovation in the form of product compliance solutions like SAP EHS Regulatory Documentation OnDemand is a key component of "Idea to Performance," a holistic business approach to increase product and service performance. "Idea to Performance" enables customers like the Wurth Group to manage business and consumer-driven innovation within the product portfolio and streamline the product innovation process while cost-effectively and proactively controlling operational risks that can adversely affect safety, quality, reliability and asset productivity.

To comply with safety regulations such as the Globally Harmonized System (GHS) and REACH, the Wurth Group is required to provide documentation, including safety data sheets and labels. A decentralized approach to this process presented challenges for the company: product safety compliance would be a local responsibility with no corporate control; management of product safety compliance and level of organization varied significantly, with no systematic oversight; local services providers would need to be used with no cost control; and no global compliance management would be in place for the purchasing of chemical products.

SAP EHS Regulatory Documentation OnDemand will assist in faster turnaround times and processing of the Wurth Group's service requests by leveraging the power of the cloud-based SAP solution. The Wurth Group will provide new product or modified product information from their product life-cycle management (PLM) system while SAP maintains updates on regulations via global experts. SAP will then provide updated safety data sheets rapidly through the cloud for both new products or modified products when regulations change. The safety data sheets will then be integrated back into the on-premise SAP system, which in turn will be integrated across SAP® Business Suite software so the information is used across functions, helping to ensure more confident compliance and free up resources to focus on innovation. With SAP EHS Regulatory Documentation OnDemand, the time to availability of compliant safety data sheets for 108 countries can decrease nearly 30 percent.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs