Press Releases
Understanding, experience and technology for success

Home > Press & News > Press Releases

 

Establishing Progressive Social Compliance Programs across the CPG and Retail Industry

Practical strategies for effectively managing social compliance data and mitigating risks

As CPG companies and retailers continue to expand their manufacturing and sourcing capabilities around the world, the need for an effective social compliance program is all the more critical. There are various challenges that CPG and retail companies face, such as complying with local and global labor laws, adapting to emerging supply chain demands, and meeting stakeholder expectations. In the recent past, due to incidents of data falsification by suppliers, managing and aggregating "good" data from suppliers and auditors is a top priority.

Today, CPG and retail companies are leveraging social compliance data to make strategic business decisions, increase productivity, and gain a competitive edge. However, a challenge lies in maintaining data quality and integrity, considering the various sources where data comes from such as suppliers, audit firms, and compliance monitors, as well as the shared platforms that are used to feed and house the data. Based on their experience in social compliance and their understanding of ethics in supply chain, James McMichal, Vice President at Level Works Limited and Keri Dawson, Vice President of ComplianceOnline Advisory Services at MetricStream will explore the various risks related to social compliance data management, as well as share best practices for implementing a robust social compliance program. Some of the key points that will be discussed in this webinar include:

  • Effective compliance models and evolving data expectations
  • Importance of having credible and clean data for reporting to stakeholders
  • Standard practices in measuring social compliance risks
  • Leveraging data to drive business performance

Join the webinar
The webinar is scheduled to take place on Tuesday, November 13, 2012, at 11 am Eastern Time. To register for this webinar, and to learn more about this webinar and the speakers please click here.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations. MetricStream solutions are used by leading corporations such as UBS, P&G, Constellation Energy, Pfizer, Philips, BAE Systems, Twitter, SanDisk, Cummins and Sonic Automotive in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-tech and Manufacturing to manage their risk management, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.

Media contact:
pr@metricstream.com