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October 31, 2014 | Palo Alto, California: A Leading Fortune 500 retailer, has selected MetricStream’s Supplier Quality and Compliance Management Solutions. MetricStream will help streamline, automate, and integrate quality and compliance management programs across their entire global supply chain. The solution will also provide a cohesive and consistent view over all factory audits and inspections, product quality and safety compliance, product testing, social compliance, C-TPAT, and environmental sustainability programs. These insights will help the company make more informed decisions around responsible sourcing, sustainability initiatives, factory production management, product quality and safety compliance, and supplier performance.

MetricStream Supplier Quality and Compliance Management Solution will help the retailer register, onboard, and manage information for all suppliers, sub-suppliers, and factories across the world, thereby enhancing supply chain transparency and visibility. The solution will streamline factory and quality assurance audits, as well as product safety compliance and production readiness assessments. In addition, the solution will help create compliance overlays to production plans and schedules, and track and report out on the progress of key milestones.

The solution will support the complete product testing process – from test initiation, test monitoring, documentation of findings, through to reporting. Integration with multiple third-party testing laboratories will help the retailer capture and consolidate all test findings into a single point of reference.

At the company, all suppliers are required to participate in a comprehensive social compliance audit. The MetricStream solution will be leveraged to manage and track these audits, and evaluate whether suppliers are conforming to these standards, including those around underage labor, working conditions and hours, and health and safety management. The retailer will also leverage the solution to evaluate international supply chain processes for compliance with C-TPAT standards. In addition, the MetricStream solution will help monitor and evaluate supplier sustainability performance to better understand and reduce the environmental impact of the retailer’s products.

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).

Press contact

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

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