Webinar recording: Material compliance solutions for SMEs: an integral part of the supply chain strategy
published on
25.7.2024
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Material compliance is becoming an increasingly important topic for industrial SMEs. The increasing regulatory requirements pose major challenges for many companies when it comes to efficient implementation.
In our exclusive live webinar "Solving material compliance in SMEs: an integral part of the supply chain strategy" with Johannes Groll, Managing Director and Head of Product Development at Tacto, we explain how you can efficiently integrate material compliance into your supply chain strategy.
In an increasingly regulated economy, adherence to material compliance regulations is crucial to a company's success. Many medium-sized companies are faced with the challenge of efficiently implementing the increasing material compliance requirements and at the same time making their supply chains transparent. Manual processes quickly reach their limits here. Integrating material compliance into the supply chain strategy can counteract these challenges and create new potential at the same time.
Material compliance involves ensuring that the materials used meet the strict requirements of governments, international organizations and consumer protection groups. The aim is to sustainably reduce the risk to people and the environment.
Failure to comply with material compliance regulations can lead to significant sales losses, fines and the loss of preferred supplier status. Companies are faced with challenges such as limited resources, high manual effort and the need for specific expertise
1. integrated compliance management: Tacto integrates material compliance into the entire supplier life cycle, from onboarding to supplier development.
2. automated queries: automatic collection and reminders from suppliers for necessary material compliance information at item level.
3. AI-based document analysis: Analysis of documents received from suppliers to check conformity with various compliance standards.
4. central database: management of all material compliance-relevant supplier and product data in one system.
5. expert support: Tacto experts keep the platform up to date and provide support with questions and training.
6. expandability: possibility to expand to various compliance standards such as REACH, RoHS, POP, ISO etc.
Tacto offers a holistic solution that seamlessly integrates material compliance into supplier management. This enables the efficient implementation of various compliance requirements and creates synergies with other purchasing processes.
Tacto offers a future-oriented solution for integrating material compliance into the supply chain strategy of medium-sized companies. By using a central platform, companies can not only increase their efficiency and minimize compliance risks, but also react flexibly to future regulatory changes. The solution makes it possible to continuously optimize compliance processes while focusing on core competencies.
