• The Industrial Equipment Industry

Industrial Equipment

The Compliance Landscape

The industrial equipment industry plays an essential role in the global business landscape, with manufacturers across various industries relying on its products. As regulations evolve, compliance is integral to continued market access. Companies that successfully manage their supply chain data will be better positioned to adapt to regulatory changes, mitigate a range of risks and avoid enforcement action.

Overcoming Industry-Specific Challenges

Companies in the industrial equipment industry face a number of compliance challenges as a result of a shift to a Product-as-a-Service business model. Without access to reliable supply chain data — particularly around the service and maintenance of products — companies may have difficulty complying with global regulations. We understand the difficulties the industrial equipment industry faces. Our automated supply chain data management solution combines leading-edge technology with 24/7 multilingual support and regulatory expertise to help you achieve your compliance goals.

Industrial Equipment
Companies Face Complex
Requirements

Understand the current compliance landscape for companies in the industrial equipment industry, and how to respond to evolving regulatory requirements.

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Industrial Equipment Industry Regulations

Your company could be in scope of a variety of regulations in the product compliance, corporate social responsibility and vendor management spaces. These include:

The European Union (EU) Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) Regulation.

The EU Restriction of Hazardous Substances (RoHS) Directive.

The California Safe Drinking Water and Toxic Enforcement Act of 1986 (Proposition 65).

The U.S. Federal Acquisition Regulation (FAR) Rule on Combating Trafficking in Persons (52.222-50) and its defense supplement (DFARS).

The UK Modern Slavery Act.

The U.S. Trade Facilitation and Trade Enforcement Act of 2015.

The California Transparency in Supply Chains Act.

Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The EU Conflict Minerals Regulation.

The Foreign Corrupt Practices Act.

The UK Bribery Act.

Country of origin requirements.

Contact us for more information about how Assent can help you reach your compliance goals and prepare your program to scale.
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