How can you begin to improve and enhance your product compliance and supply chain engagement strategy and what should you consider when doing so? Product compliance programs are driven by regulatory change and customer demands for information, the latter oftentimes placing more demand on your organizations than the regulatory obligations proliferating globally.
The ability to manage change – whether it be new markets, updated regulations, new suppliers, or new product introduction – and do it effectively is the number one challenge for most organizations. Consider the opportunity and advantages of managing this via a single, integrated solution that enables an organization to unify cross-functional teams (e.g., Sourcing, Compliance, Engineering, etc.), streamline supply chain engagement, and manage regulatory and customer requirements centrally.