Conflict Minerals Compliance: Resources to Meet Supplier Due Diligence Requirements
March 8, 2013 /3BL Media/ - Companies have limited options to meet the legal requirements of Dodd-Frank Section 1502. Most companies don’t have human or capital resources to build an internal force to implement the supplier tracing, data collection and reporting as required under the new supplier due diligence process. To date, companies have had two options: 1) hire consultants on an hourly basis to collect supplier data, or 2) purchase 'do-it-yourself' software.
The elephant in the room? Neither of these options accounts for additional resources needed to manage and verify the data.
Source Intelligence’s Supplier Engagement Team is the only comprehensive solution that offers the necessary resources to take on the burden of supplier data collection and reporting. This expert team of specialists engages directly with suppliers, collects and aggregates information, talks their language, and does it all on their schedule. No other solution on the market offers a complete service including:
· 24/7 operation for worldwide supplier accessibility
· Call handling in seven different languages with access to many more
· Experts in engaging with suppliers globally
· Staff trained in OECD framework for supply chain due diligence
· Cloud technology enabled, accessible anywhere, anytime
· Direct access to quantifiable metrics in real time
· Rapidly scale supplier due diligence efforts up or down based on needs
· Calls recorded and accessible to meet tracking and audit requirements
Why settle for a ‘solution’ that implies taking man-hours away from your company when the obvious choice is Source Intelligence’s Supplier Engagement Team?
For more information on Source Intelligence’s Supplier Engagement Team call 877. 916. 6337 ext:1001 or visit www.sourceintelligence.com.
To learn more, request a demo.
About Source Intelligence®
Source Intelligence® delivers supply chain intelligence and supplier data collection and analysis services that support regulatory compliance, sustainability and social responsibility initiatives. Experts at engaging suppliers and tracing supply chains, Source Intelligence® combines advanced data analytics with powerful visual reporting tools to help clients gain insight into operational efficiencies and spot potential exposure to risks.
Source Intelligence® combines the best of cloud-based technology with a 24/7 Supplier Engagement Team to provide clients with the scalability, flexibility and expertise needed to turn supply chain data into something both meaningful and actionable. Source Intelligence® provides a range of solutions to help you navigate the complex web of inter-relationships between suppliers across the supply chain: from Supplier Assessment and product and/or facility footprinting to regulatory compliance programs that trace restricted materials, identify banned substances or locate the origin of conflict minerals.
Source Intelligence® is headquartered in Solana Beach with additional offices in San Diego and San Francisco, CA.