ComplianceXL awarded IMDS data collection and reporting project by a large batteries’ manufacturer in the US
Chicago, IL; November 30, 2019 – ComplianceXL has signed a contract with a leading batteries ‘manufacturer in the US, IMDS consulting and MDS reporting for their OEM customers. The client is a global major in the production of batteries for multiple applications such as motive power, reserve power, aerospace, and defense. The client is known for manufacturing and distributing reserve power and motive power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to automobile customers worldwide. This exclusive IMDS support engagement constitutes of various elements such as ongoing consulting on IMDS requirement, supplier engagement and training to update the MDS data into IMDS platform, supplier IMDS validation and IMDS reporting of OEMs products. ComplianceXL will setup a dedicated team of IMDS engineers led by a senior compliance consultant to make sure client is successfully compliant with the regulation. The scope of work includes: “Increasing complexity and frequent changes in regulations are big challenges for the suppliers of automotive industry, it’s imperative for them to maintain the integrity and accuracy of the substance data. Our IMDS team helps the suppliers to ensure accurate reporting of IMDS which enable the suppliers to meet the IMDS requirement and faster PPAP approval process for shipment.” says CK Bharathan, Head – Compliance Solutions, Compliance XL. About ComplianceXL: ComplianceXL is the Compliance Solutions Division of Enventure, a leader in the compliance business since 2003. ComplianceXL is a one-stop solution for all supply chain compliance requirements, ranging from consulting and training to software deployment and compliance documentation. By implementing a transparent and well-structured compliance program, ComplianceXL enables clients and all key stakeholders to follow an integrated process, to meet obligations. Beyond an initial implementation, also provides ongoing support to comply with all regulations by keeping you updated with the latest directives.
RMI has released Cobalt Reporting Template Version 2.0 (CRT 2.0)
The Cobalt Reporting Template is developed by the Responsible Minerals Initiative (RMI) to identify choke points and collect due diligence information in the cobalt supply chain. This is a free standardised template and was launched on December 21, 2018. RMI has revised the CRT with effect from 30th October 2019 and the new version is CRT 2.0. The major changes compared to the earlier version are mentioned below: All bugs and errors were corrected Modified to conform as per IPC-1755 amendment dated May 2019 More clarity is given on the instructions and definitions Smelter Look-up tab and Instructions are aligned to CMRT in language and format The Smelter Look-up List and the Standard Smelter List are updated The next version of the CRT is expected to be released during September-November of next year, 2020. ComplianceXL has the new version of the Cobalt reporting Template and has been using it since, keeping in mind the best interest of their clients. Once the newer version is released, they will make sure to update you with the news. CRT 2.0 is available for download here. List of currently identified cobalt refineries can be found in the below link: CRT EXPORT
ComplianceXL to provide Material, Compliance Consulting and Training for a leading manufacturer of Aerospace components in the US
Chicago, IL; November 20, 2019 – ComplianceXL today announced that a leading aerospace component manufacturer awarded the compliance service contract to support its compliance stakeholders in consulting and enable them to comply with global material compliance. The client is a one of the largest manufacturers of aerospace composite structures, for defense, carbon fiber tubing, and commercial carbon. Their filament winding and molding operations will focus on producing lasting, high-performance composite structures while controlling costs. The project kicks off with ComplianceXL performing a compliance gap assessment for major regulations such a RoHS, REACH, Prop65, Conflict Minerals, WEEE, CLP and CE to identify the gaps in the compliance needs. The senior compliance consultant will design a framework to fulfill the aspects of each of the compliance across products/components manufactured. ComplianceXL will also provide compliance training to all key stakeholders on the RoHS, REACH, Prop65, Conflict Minerals, WEEE, CLP and CE regulations to perform internal compliance audits for the products/ processes and component/ chemical suppliers and quote. Environmental concerns are a hot topic to discuss across the global and industries. The effort of manufacturers towards being compliant to regulations is immense and we dedicate ourselves to enable such companies with a solution that is flawless. We are proud to work with an aerospace industry participant and support client to drive sustainable business solutions that help address environmental concerns and quote says C. K. Bharathan, Head – Compliance Solutions, ComplianceXL. About Compliance XL: ComplianceXL is the Compliance Solutions Division of Enventure, a leader in the compliance business since 2003. ComplianceXL is a one-stop solution for all supply chain compliance requirements, ranging from consulting and training to software deployment and compliance documentation. By implementing a transparent and well-structured compliance program, ComplianceXL enables clients and all key stakeholders to follow an integrated process, to meet obligations. Beyond an initial implementation, also provides ongoing support to comply with all regulations by keeping you updated with the latest directives.
ComplianceXL awarded contract for CMRT Documentation, Training and Data Maintenance for a global leader in automobiles and automotive parts
Chicago, IL; November 25, 2019 – ComplianceXL, the compliance solutions division of Enventure, today announced that they were awarded a contract to manage CMRT compliance documentation, training and data maintenance, by a global leader in automobiles and automotive parts. The multiyear contract is designed for the client’s compliance with the CMRT regulation, towards procuring 3TG materials involved in the production. The client is one of the largest manufacturers of automotive parts for major automobile manufacturers worldwide. The client is known for innovative technologies that are designed to lower energy consumption by electrifying powertrains, optimizing overall thermal management and improving aerodynamics. Their innovative solutions in smart mobility, with a focus on intuitive driving and reduces CO2 emissions. The client has a wide array of materials sourced from suppliers across the globe, most importantly the materials such as Tin, Tungsten, Tantalum, and Gold (3TG) for the components manufacturing.The major challenge for the client arrived was whether the material sourced is from an approved smelter as per the RMI list, and the country of origin is as per the CMRT developed by RMI.The efforts of having a holistic team to source collect and validate compliance data from suppliers across regions and time zones was becoming a hurdle each day. The availability of a multilingual supplier engagement team, readymade reference database, data sourcing capabilities across varied time zone and compliance platforms were major reasons for the client to choose ComplianceXL to manage CMRT. ComplianceXL will set up a dedicated team of Compliance experts and devise a data documentation framework to sourcing, gathering and validating compliance data. The team is empowered with an AI-based proprietary tool to manage all documents at the central repository and later integrated into the client’s ERP and CMMS systems. As quoted ComplianceXL’s dedicated multilingual supplier engagement is formed in such a way that, our clients don’t have to worry about Compliance Documentation. The tool provides real-time visibility of data collected and gives a competitive edge to communicate with suppliers with fewer troubles in contacting suppliers. This tool will enable the client to improve focus on business processes and continuity by freeing their resources for other organizational needs. The client will benefit from a more secure, scalable and agile documentation solution that is more cost-effective than setting up and managing an internal team. As quoted by C. K. Bharathan, Head – Compliance Solutions, ComplianceXL. About ComplianceXL: ComplianceXL is the Compliance Solutions Division of Enventure, a leader in the compliance business since 2003. ComplianceXL is a one-stop solution for all supply chain compliance requirements, ranging from consulting and training to software deployment and compliance documentation. By implementing a transparent and well-structured compliance program, ComplianceXL enables clients and all key stakeholders to follow an integrated process, to meet obligations. Beyond an initial implementation, also provides ongoing support to comply with all regulations by keeping you updated with the latest directives.
ComplianceXL selected by a leader in machine tools manufacturing to enhance their regulatory compliance capabilities across the globe.
Chicago, IL; November 20, 2019 – ComplianceXL will support a U. S. based global leading machine tools manufacturer, in Global Compliance Consulting, Training and Compliance Documentation. This multi-year contract is signed to enable client to meet their regulatory compliance obligations of RoHS, REACH, Conflict Minerals, Prop 65 and IMDS. The client is one of the largest producers of machine tools, automotive parts and high-performance industrial bearings. The client excellence in producing the best of parts has boosted its footprint across the globe to serve various industries such as Automotive, Industrial, Aerospace, Railway, Construction, Agriculture and Energy. The project is headed by a Senior Compliance Consultant with ComplianceXL, supported by dedicated engineers and supplier engagement team. The initial kick off is reviewing current compliance practices in Regulatory Compliance, product categories and supplier documentation process. This assessment is followed by Training; documentation processes insights and developing a compliance framework. The scope to this engagement is: “We’re not just helping the client implement compliance programs, we understand the organizational challenges the company is facing now and in the future. By working with them to develop a sustainable compliance program, we make sure the client has control over supply chain sustainability, material compliance and has a predictable way to prevent disruptions in the business.” says C. K. Bharathan, Head – Compliance Solutions, ComplianceXL. About ComplianceXL: ComplianceXL is the Compliance Solutions Division of Enventure, a leader in the compliance business since 2003. ComplianceXL is a one-stop solution for all supply chain compliance requirements, ranging from consulting and training to software deployment and compliance documentation. By implementing a transparent and well-structured compliance program, ComplianceXL enables clients and all key stakeholders to follow an integrated process, to meet obligations. Beyond an initial implementation, also provides ongoing support to comply with all regulations by keeping you updated with the latest directives.
Why do you need a Managed Compliance Program?
Do you have the expertise and up to date knowledge on global regulatory compliance requirement? Increasing volume and complexity of regulations, frequent changes in compliance directives, exemptions and applicable regions, all makes the compliance program more challenging to manage. If you are not aware or not knowledgeable enough of the requirements and regulatory obligations, your product shipment could be stopped, you will be forced to pay high penalties and more over the brand itself will be at stake. A managed compliance program provider always helps to identify the right regulatory obligations you must comply with. The compliance expertise of the service provider will have clear visibility on global regulations and guide you to meet the required obligations. The experience and knowledge coupled with compliance management software platform makes ComplianceXL unique from other service providers.The material compliance platform helps to manage material data and substance compliance information throughout the product lifecycle. It helps in collecting, aggregating, exchanging, and reporting. The automated reporting process will speed up the overall documentation process.ComplianceXL will ensure that you follow all applicable directives, regulations and documentation. Advantages of Managed Compliance Services Below are few key benefits Reduce risk of non-compliance issues – stop shipments, fines and fees Prevention of product/sales held at customs holding up revenue recognition Brand protection and lawsuit protection Provide Insight to global compliance obligations and which will help to expand the markets Reduce compliance program operational costs and software cost that helps to release capital for investment in other areas of your business Improved focus on core business activities – outsourcing with compliance XL can free up your business to focus on its strengths, allowing your staff to concentrate on their main tasks on revenue-generating activities and innovation. Increased efficiency – choosing an outsourcing company that specializes in compliance management can help you to achieve a more productive, efficient service, often of greater quality. Scalability is vital to supporting business growth and development. ComplianceXL can accommodate rapid changes as and when required to meet additional regulatory and documentation requirement. Increased reach –Managed services can give you access to capabilities and facilities otherwise not accessible or affordable Benchmarking – Managed service provider can bring you the best compliance program practiced and leverage on their knowledge and skills. What are differentiators to look for from the managed compliance partner? Expertise in varied global regulations specific to products and regions with up-to-date knowledge Technology platform built on best practices Multilingual supplier engagement team available across time zones Capability to train suppliers on compliance documentation requirements of global regulations Ability to source compliance documentation of custom parts Guaranteed freshness of data Adopting managed services is intended to be an efficient way to stay up-to-date on compliance obligations, have access to knowledge and skills. It also helps to make your business more flexible and agile, able to adapt to changing market conditions and challenges, while providing cost savings and service level improvements. Utilizing the services of Compliance management software allows the client to have all compliance documentation at a central place and keeps the compliance database updated periodically. Required reports can be generated and viewed to ensure corporate governance policies are adhered to. ComplianceXL is your one stop shop to manage all your compliance programs with the proper software. It will ensure that all your compliance needs are catered to and the services utilized in the most appropriate way. ComplianceXL will also ensure that you are updated with the new regulations and the documentation is done on time.