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The biggest challenges businesses face regarding SCIP compliance are the wealth of article information required from their entire supply chain, the time-absorbing process of manually creating dossiers for each product, and staying flexible to the various changes the regulation has endured.
FREMONT, CA: Source Intelligence, a SaaS company providing compliance data on supply chains for over 50 global regulations, has launched a program that automates compliance for the new ECHA SCIP regulation. The Source Intelligence SCIP program enables businesses to upload their suppliers to a central platform. Once uploaded, AI technology gathers as well as validates necessary documentation from the supply chain. This enables businesses to gain quick access to article information required, roll up the data collected into proper SCIP submission formatting, and submit dossiers to the ECHA all on one platform.
The biggest challenges businesses face regarding SCIP compliance are the wealth of article information required from their entire supply chain, the time-absorbing process of manually creating dossiers for each product, and staying flexible to the various changes the regulation has endured. Of the new program, Source Intelligence's President and Co-Founder Matt Thorn stated, "We want to make SCIP compliance accessible to businesses of all sizes. Keeping SCIP in-house can prove very costly, especially at a time when businesses are focusing on staying afloat. With our AI solution, we let technology do the heavy lifting whether you need help with part or all of the process."
With a release date of January 5th, 2021, now is the time to get started on gathering data. The SCIP regulation requires businesses that conduct business in the EU to compile, submit an article, and complex object data in a specified format for each product that contains SVHCs. This data will be made public via a database and will enable improved hazardous waste management and increased consumer awareness.