July 11, 2013 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) solutions, will showcase its advanced GRC solutions at the American Apparel and Footwear Association’s (AAFA) annual event in Santa Monica, California, from July 9-11, 2013. Sonal Sinha, Associate Vice President of Industry Solutions at MetricStream, will lead a panel discussion with leading industry experts titled, "Moving from Social Compliance to Social Performance," at the AAFA Social Responsibility Committee meeting on July 11, 2013.

The apparel and footwear industry has a few key top of mind concerns, including the need to enhance product quality, safety and traceability; establish a pervasive culture of integrity and transparency across supplier networks; and adhere to the various mandates under the new conflict minerals rule. MetricStream’s GRC solution addresses all of these critical issues with its state-of-the-art capabilities in social and regulatory compliance, traceability, and conflict minerals management.

The conference will focus on addressing three relevant categories of supply chain traceability: labor; sustainability and the environment; and raw materials, with a specific focus on conflict minerals. The panel discussion led by Sonal Sinha of MetricStream, will emphasize the importance of responsible sourcing, and explore best practices and approaches to nurturing socially responsible relationships with suppliers and vendors.

Other prominent points that will be highlighted during the Social Responsibility Committee Meeting include:

  • Improving the conditions of factories by enhancing the traditional audit/compliance model
  • Managing CSR from a licensing perspective
  • Effectively dealing with legal liability
  • Using audits to understand issues and trends
  • Implementation of the Business Social Compliance Initiative (BSCI) by the European businesses

The Environmental Committee Meeting on July 9 will explore the various challenges facing the apparel and footwear industry, and the innovative solutions that can be used to address several emerging requirements. The meeting will also highlight the various advanced technology tools that enable effective compliance.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

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Molly Palm : pr@metricstream.com | (925) 451-1468

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