IHS REACH Information and Insight
Whether you realize it or not, your supply chain is changing. The REACH regulation concerns the Registration, Evaluation, Authorisation and restriction of Chemicals--and it's not just a compliance issue. REACH poses serious potential threats to the unprepared when chemical transitions ripple throughout industries. "No data. No market," is the industry mantra, yet adequate data is not available as the supply chain prepares itself and requirements are designed to evolve.
REACH is not alone. It, like all social responsibility, regulatory compliance and environmental sustainability transitions is complex, and not a one-time event. REACH is a new way of doing business and the chemical value chains will undergo legislative, transitional and marketplace evolution. Some changes are planned, and some will be introduced. Others, such as the rebalancing of chemical supply and demand patterns, often require appreciable time for the impact to take shape. Meanwhile, real deadlines exist, NGOs and the general public apply pressure, and a clear path for industry has not been determined. The one constant this volatility presents is supply chain risk which threatens business performance on a daily basis.
The need for material content around not only chemical products, but also parts and components, has created an even more significant need to closely manage the supply chain.
IHS offers a single source for critical information and insight to enable your organization to manage and mitigate risk surrounding the global material and chemical compliance initiatives such as REACH.
- Assess & Interpret | Understand compliance requirements, downstream obligations, and upstream risks under REACH and other global chemical and material regulations. Transform regulatory uncertainty into policy, and then transform policy statements into supply chain action plan requirements.
- Acquire & Transform | Until the supply chain reaches "critical mass" the essential data is locked within quality and regulatory documents, buried in design standards and drawings, and fragmented across supplier data sources, systems, and files. Take conflicting data and have it become a reliable information asset of critical part, electronic component, material composition and chemical insight.
- Communicate & Collaborate | Specific obligations exist to notify downstream users of your products that include Substances of Very High Concern (SVHC). That's just the start. The role of chemical documentation like Material Safety Data Sheet (MSDS) and Full Material Disclosures (FMD) gain new importance, while product quality, regulatory, and lifecycle notifications secure critical communication. Close the loop and eliminate latency between upstream and downstream communications.
- Manage & Report | Throughout its supply chain transformation, each organization goes from uncertain to certain, by traversing a period of non-compliance and unacceptable risk. Navigate the global supply chain transition with the tools to manage, report, and analyze supply chain information and make the appropriate tactical and strategic decisions.
- Redesign & Optimize | The supply chain will make new winners and losers as it experiences volatility and instability until new balance between supply and demand materializes. With compliance and risk in check, redesign entire product portfolios, inventory, and supply chains to perform at improved financial, operating, compliance and sustainability levels.
IHS has the most unique, and comprehensive solutions to support the continuous need for managing Product, Chemical, and Compliance Lifecycle transitions. With an appreciation for both compliance and risk, as well as the natural adoption curve of market participants and its implication on data availability in the market, IHS can help you with its comprehensive solution to manage the material compliance lifecycle, and address the full impact of REACH.
The IHS offering includes:
- Assess & Interpret | IHS Global Standards and Regulations Management
Comprehensive collection of global regulations and industry standards, combined with powerful compliance lifecycle management capabilities to detect, assess, interpret and monitor complex, domestic and international requirements.
- Acquire & Transform | IHS 4DOnline® Critical Content and Content Services
Off-the-shelf critical content to accelerate and enable programs, as well as ISO-certified services to close serious data gaps by acquiring, extracting, validating and transforming disparate documents, drawings, standards, systems data and spreadsheets into useful supply chain insight.
- Communicate & Collaborate | IHS Product Change Management System (PCMS)™ and PCNalert®
Advanced notification and event management tools that alert internal and external stakeholders to critical chemical, product or supply chain transitions, as well as providing auditable, closed-loop communications between upstream, intermediate and downstream stakeholders.
- Manage & Report | IHS Comply Plus® & BOM Manager®
Robust capabilities to manage and report on the ongoing compliance status of suppliers, products, chemicals, parts and materials, as well as the associated risk profile of the supply chain during proposal, introduction, transition, and amendment of complex regulations.
- Redesign & Optimize | IHS 4DOnline, ecoAnalysis™ & ecoFormulator™
Sophisticated BOM, AVL, Component and Chemical analytical tools to evaluate new and alternate sources of supply to redesign for compliance, and then optimize the supply chain to reduce risk and cost, improve cycle times, and health, safety and environmental performance.
All of this and more from The Source for Critical Information and Insight.
If you are interested in learning more about the IHS REACH solution, please contact us at REACHinfo@ihs.com or call 1-800-275-6737.