Compliance

Product teams can now discover, analyze and model risks, regulations, eco and health impacts in real-time across value chains and life-cycle.   LONDON, UK (Apr. 20, 2017): everycs, the pioneer in product intelligence, released an open version of its high-performance data platform in the cloud. Supply chain, compliance, stewardship, and sustainability professionals can use it to screen supply chains for risks and impacts, simply by configuring a BOM or product formulation.   The platform models how things are made through thousands of connected industrial process chains. With millions of data points, it’s the largest database on how products are made and the impacts, costs,...

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Wikipedia defines product stewardship as "environmental, health, and safety protection centered on the product itself".  It's been an increasing focus of regulators, producers, consumers and activist groups the world over.  So much so that the depth and breadth of data points has now vastly increased. This has led to an increasing number of hurdles for those making and selling products. As market research firm Verdantix recently analysed, this new product stewardship challenge requires "organizations to organize, analyze and report an expanding information matrix":     Product composition and disposal, such as the EU’s WEEE (Waste Electrical and Electronic Equipment) directive or the US SEC Conflict Minerals Rule.   Declaring and managing the chemical...

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  Challenge   Effectively characterizing chemical risk is a difficult but important task to ensure consumer safety. Hazard, a function of a chemical’s inherent properties, and exposure, the quantity a person contacts, combine to give an accurate representation of risk. This evaluation is complicated, time-consuming and therefore often abandoned for the simpler hazard-only approach. This can lead to blanket-blacklisting of chemicals that may be difficult and or expensive to replace in products. A risk evaluation that is scientifically accurate and simple would be highly valuable for manufacturers and consumers to assess the chemical risks of products. RCR (Risk characterization ratio) Matrix Solution   Chemicals are automatically enriched from multiple...

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