New Practice Brings Optimized Mix of Content, Services, and Platform to Help Provide Visibility into Complex, Data-Driven Compliance Initiatives
Carlsbad, Calif., September 24, 2012 — 3E Company, a leading provider of EH&S compliance and information management services, today introduced its new supply chain product-compliance practice to help companies navigate the complexities associated with achieving product- and substance-level regulatory compliance while also helping mitigate risk in the supply chain. The practice will offer a range of solutions to support corporate product-compliance initiatives, facilitating transparency and regulatory data management for customers and stakeholders.
Supply chain product compliance has become deeply complex to manage and fulfill, with companies under increasing pressure by both upstream and downstream partners to disclose detailed information about their products and the substances within those products. Supply chain partners now request or require detailed product and substance information, including composition, origin, and regulatory status of both the overall product and its individual components. Obtaining and managing this data has become increasingly cumbersome and time-consuming.
3E Company’s new supply chain practice helps alleviate the burden of these obligations with a powerful combination of content, services, and platform. The product-centric risk mitigation and disclosure management provided along the supply chain delivers transparency and compliance assurance to customers and stakeholders alike. A comprehensive approach to supply chain product compliance supports business continuity, enhances process agility, bolsters market access, and reduces costs.
The practice’s solution set will bring unprecedented depth, breadth, and foundational strength in the area of supply chain product compliance, built on 3E’s trusted and proven compliance solutions and its product and regulatory data. The supply chain practice leverages the data and functionality of the 3E Online®-MSDS safety data sheet (SDS) management platform as well as the Ariel WebInsight™ online regulatory compliance tool. 3E’s SDS obtainment, classification, SAP® EHS Management (EHSM), SDS authoring, and global regulatory support services further enhance the foundation of this valuable new offering. The business will also draw upon the vast risk management resources and capabilities of Verisk Analytics, 3E Company’s corporate parent, in delivering fully optimized and integrated solutions.
“The regulatory landscape is becoming increasingly complex with the emergence of stringent new product-related compliance obligations, such as those outlined under the Dodd-Frank Act, Europe’s Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH), the Consumer Product Safety Act, and the introduction of market-driven requirements like IPC-1752. These requirements, when combined with corporate-driven mandates for specific sustainability criteria, are driving companies to demand more detailed information about the products they’re sourcing from their suppliers,” said Connie Prostko-Bell, director of supply chain management, 3E Company. “We’re pleased to bring our product data collection and compliance expertise to our new supply chain product-compliance practice and to help our customers prosper in the ever-changing and stiflingly complex regulatory environment surrounding today’s global supply chains.”
About 3E Company
3E Company, a subsidiary of Verisk Analytics (Nasdaq:VRSK), offers a comprehensive suite of data, products, and services for environmental health and safety (EH&S) compliance management. This solutions suite addresses the entire chemical life cycle and includes regulatory research; MSDS authoring, distribution, and management; transportation; emergency response; training; regulatory reporting; and hazardous waste management. 3E provides an industry-leading combination of a 24/7/365 EH&S mission-control call center and the world’s premier hazardous substance database of global regulatory and compliance information. The company was founded in 1988 and is headquartered in Carlsbad, California, with additional operations in Canton, Ohio; Bethesda, Maryland; Kingsport, Tennessee; Montreal, Quebec; and Copenhagen, Denmark. For more information on 3E Company, visit www.3ecompany.com.
Release: Immediate
Contact:
Jenny Bingham
3E Company
619-980-4205
jbingham@3ecompany.com