Chicago, IL; July 20, 2020 – ComplianceXL will support a specialized electronics manufacturer in providing end-to-end conflict mineral compliance services. The engagement is to source, validate, document, and report CMRT from over 1000 suppliers worldwide.
The client is a specialized electronics manufacturer with offices in multiple plants in the US, Israel, and other places. The client is known for the design, development, production, and sales of advanced electronic systems for airborne and land applications.
With over 1000 suppliers across the globe and the need for compliance to Conflict Minerals regulation arrived due to their business operations in the EU triggered them to venture out for compliance support.
ComplianceXL will deploy a dedicated team of the supplier engagement team, led by a Conflict Minerals specialist. The multilingual supplier engagement team is specialized in connecting with suppliers worldwide as varied time zones. The project is initiated by conducting a gap analysis of the current Conflict Minerals program and provide recommendations for better documentation. The various stages of this engagement are:
- Assessment – Systems study and Identify regulatory obligations, Current level of compliance, review existing processes and systems as per CMRT 6.01.
- Develop a conflict minerals compliance documentation framework and design a robust multilingual supplier engagement program
- Gather, validate, and report documentation and review as applicable.
- Provide on-demand training to suppliers about CMRT filing requirements
- Perform due diligence measure conforming to RMI due diligence guidance
- Validate smelter information, include red flag checks and resolutions.
“Our technology enabled compliance solutions combined with multilingual supplier engagement team provides over 98% success rate in gathering compliance documentation. The compliance solutions are designed to provide a custom made strategy to various industries, regions, and global regulations. We have helped more than 300 clients comply with global material regulations, and it is an honor to add another feather to our crown”, says CK 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.