Source Intelligence and Schneider Electric Sign Strategic Services Agreement
March 18, 2013 /3BL Media/ - Today Source Intelligence®, a Source 44 Company and Schneider Electric announced they have signed a reciprocal Strategic Services Agreement whereby Schneider Electric will utilize the Source Intelligence® platform to expand their Environmental Health and Safety (EH&S) and sustainability compliance services. While Source Intelligence® will utilize Schneider Electric’s Resource Advisor® platform to expand their own managed sustainability services offering.
“Our clients have been requesting the type of services Source Intelligence® provides and see this as an excellent opportunity to create more value by combining these two best-in-class technology platforms”, says Mike Fraser, Global Vice President Sustainability Development with Schneider Electric, adding “Resource Advisor and Source Intelligence® mesh seamlessly, making implementation a breeze for existing clients”.
Under the terms of the Strategic Services Agreement, Schneider Electric will add Material Safety Data Sheet acquisition and document management capabilities to their offering in addition to a suite of regulatory compliance services and solutions addressing both supply-chain facing and EH&S requirements. Fraser adds, “Our team is especially excited to offer Source Intelligence®, the only, full-service, turnkey solution to clients impacted by the recently passed, Dodd-Frank 1502 Conflict Minerals Final Rule.”
Resource Advisor® takes Source Intelligence®’s footprinting, carbon, water and waste management services to a new level of managed services. “We are committed to maximizing value around supply chain facing services for our clients and by combining the power of these two best-of-breed platforms, we do just that.” stated Dan V. Dague, Source Intelligence’s Chief Development Officer.
Jess Kraus, CEO and Co-Founder of Source Intelligence® added “There is a great deal of synergy with this partnership. Schneider Electric’s expertise providing energy management and sustainability services to an impressive list of clients is a natural fit with Source Intelligence®’s expertise providing sustainability compliance services and supply chain transparency solutions.”
Fraser sums it up this way, “Any time we can help our clients operate more efficiently and profitably it’s a win for all parties involved.”
About Source Intelligence
Source Intelligence®, a Source 44 Company, 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.
Find out more about Source Intelligence's Conflict Minerals proprietary approach by downloading our free white papers.
About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructures, Industries & Machine Manufacturers, Non-residential Buildings, Data Centers & Networks and Residential. Focused on making energy safe, reliable, efficient, productive and green, the company’s 140,000 plus employees achieved sales of about 31.5 billion US dollars (24 billion euros) in 2012, through an active commitment to help individuals and organizations make the most of their energy.
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