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August 27, 2013 | Redwood City, California: MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) solutions, will host a Supply Chain and Conflict Minerals Roundtable in Redwood City, California on August 29, 2013. A broad range of practitioners from leading organizations in the compliance, quality, legal, general counsel, procurement, purchasing, freight, supply chain, and conflict minerals functions will be in attendance and will discuss the Conflict Minerals Act and its pervasive impact across the supply chain.

Many of the companies under the purview of the SEC's Conflict Minerals Act face the cumbersome task of determining the presence of conflict minerals in their products. One of the primary challenges lies in being able to communicate consistently with key entities across the supply chain about the significance of disclosing the presence and origin of 3TG minerals. The best way forward is by designing a comprehensive conflict minerals program that gathers and reports valuable insights about the performance of various actors within a diverse supply chain. Such a program can also serve as a strong means for improving product traceability, supplier compliance with local laws, and product compliance in target markets.

A robust conflict minerals program can also help an organization successfully manage their risks, optimize their supply chain activities, and achieve long-term business goals such as reduced costs, enhanced operational efficiency, and compliance. Perhaps most importantly, valuable compliance intelligence data on suppliers, licensees, contractors, and agents can be utilized to nurture and promote a socially responsible image amongst stakeholders, including customers.

The esteemed MetricStream Supply Chain and Conflict Minerals Roundtable panelists include Chris Binns, Supply Chain Director at KLA Tencor, Waldemar Sanabria, Director of Corporate Procurement at SanDisk, Lawrence M. Heim, Director at The Elm Consulting Group International LLC, Monica Pette, Senior Director/Associate Counsel at West Marine, Joel Pekay, Sales and Marketing Director at Intertek, and Michael R. Littenberg, Partner at Schulte Roth & Zabel LLP.

Key topics to be explored in the roundtable sessions include:

  • Correlating supply chain traceability and supplier performance
  • Consolidating SCM operations to comply with local labor laws and target market product regulations
  • Fostering a culture of social responsibility across the enterprise to enhance brand value and reputation
  • Aligning financial regulations to CSR
  • Gauging the impact of a conflict minerals program on an organization's external entities
  • Proactively managing compliance with multiple regulations
  • Managing the core aspects of product integrity
  • Collaborating with suppliers to proactively identify issues and implement corrective and preventative actions

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(www.metricstream.com).

Press contact

Sonia Sharma : pr@metricstream.com | India: +91 98450-19197

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