Data Management
Regulatory Data is a global asset and a license to sell.
Examples are:
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The EU-Waste Framework Directive requires companies that produce, import, or supply articles in the Union containing SVHC to submit information to the SCIP database as of 5 January 2021.
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Authoring of compliant labels and safety datasheets requires compositional data about the supply chain's substances and formulations.
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Registrations and notifications are mandatory, and considerable fines can result from incompliance.
It is estimated that every gap in a substance Master Data set generates an average downstream operational cost (rejected purchase orders, delays in custom formalities, customer inquiries, incomplete SDS etc.) of at least $ 200,- to $500,- per year excluding those incidents with accumulated six-digit cost. Multiplied with the number of active substances managed in your company, the incentive to act is apparent.
Our experts can assist your company in:
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Managing supply chain inquiries, data collection, verification, sanitizing, and updating regulatory data sets.
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Provide Regulatory Content on Demand. All regulatory data are vetted, and we guarantee its correctness with initially disseminated datasets.
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Clarify data issues with regulatory authorities around the globe.
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Offering and managing outsourcing solutions for transactional tasks.
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Advice on the construction of regulatory data architectures.
Our work ensures the reduction of operational risk due to non-compliance and keeps businesses doing what makes them successful: making - selling - growing.