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ComplianceXL wins a Regulatory Compliance Management contract from a global leader

ComplianceXL wins a Regulatory Compliance Management contract from a global leader in hydraulic cylinders and assemblies

Chicago, IL May 18, 2021 – ComplianceXL has been awarded a multi-year contract by a leading electronic components manufacturer in the world. Under the blanket agreement, ComplianceXL will reform existing practices to modernize compliance documentation with a tech-enabled repository for storing Full Material Declarations (FMDs) and help comply with RoHS, REACH, Prop 65 regulations.

The client is known for manufacturing electronic components with a massive global market share in ceramic filters, high-frequency parts, and sensors. Their products are essential parts of electronic devices such as mobile phones, computers, cars, home appliances. The client is also involved in heavy research on new technology related to electronic components and holds hundreds of patents and patent applications for technology related to capacitors.

Collaborating with ComplianceXL the client will reap the benefits of efficient component engineering supported by innovative technology, a scalable cloud environment, and dedicated component engineers allocated to deliver the project. Together, these three components will accelerate the client’s efforts towards component engineering and improve their efficiencies across production and compliance.

A dedicated team of supplier engagement will work closely with the component engineers to source and validate the Full Material Declarations (FMD). Further, the FMDs are ascertained as per requirements of various global compliance regulations such as RoHS, REACH and Prop 65.

In this multi-year contract, the components engineers at ComplianceXL will also analyze and identify the high risk associated with parts and suppliers in their supply chain to enhance sustainability.

“Technology is at the forefront of delivering personalized compliance solutions and is crucial in meeting the dynamic business needs across the globe. We look forward to working collaboratively by combining Technology and Expertise to support the client’s mission towards supply chain sustainability and improved time to market,” says C K Bharathan, Head of Compliance Solutions at 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 collecting compliance certifications and documentation from suppliers. By implementing a transparent and well-structured compliance program, ComplianceXL enables clients to follow an integrated process, to meet their compliance obligations. Beyond an initial implementation, ComplianceXL also provides ongoing support to maintain compliance to regulations such as RoHS, REACH, CA Prop65, Conflict Minerals, ELV, GHS/OSHA and several other global legislations.

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