© 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL 1
Understanding
Regulatory
Compliance
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Understanding Regulatory
Compliance
There has been a rapid boost in the new global
product-related regulations/standards
development activities. As a consequence,
organizations are trapped in the complex
loop of various local, national and worldwide
product targeted regulations.
A simple reporting error, lack of proper registration
and compliance can result in significant fines
and penalties, ban on selling products/product
recall, customer and supplier loss and severe
damage to the corporate image.
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Current Scenario
Governments, suppliers and consumers are emphasizing the determination of
chronic health and environmental hazards associated with the life cycle of
materials and products
Many manufacturers willingly take back or buy back their products from end
users at the end of product life cycle for proper recycling and waste
management.
Many product based companies are currently focusing on the production of
safer and biodegradable materials.
EPR “Extended Producer Responsibility” as an environmental policy approach in which
a producer’s responsibility for a product is extended to the post-consumer stage of a
product’s life cycle”
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Regulations & Standards
Registration, Evaluation,
Authorization and
Restriction of Chemical
Substances (REACH)
Restriction of
Hazardous
Substances (RoHS)
Waste Electrical and
Electronic Equipment
(WEEE) directive
Toxic Substances
Control Act (TSCA)
The important characteristic of these regulations is that they transfer the risk
management responsibility over to the producers and importers of the products
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Challenges in Product Compliance
Inability in obtaining
correct and timely data from various sources
Lack of knowledge
among suppliers regarding regulatory
requirements
Gaps in recognizing and evaluating risks associated with non-compliance
Lack of reliable, transparent and
auditable business
processes
Lack of resources to
facilitate process
compliance assurance
Inefficient & inappropriate
data collection and reporting
methods
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Crucial Steps
Identify and map the
processes to
specific regulation in
a compliance matrix
Understand the
relevant product-
targeted regulations
Conduct a
methodical gap
analysis
Ensure risk
assessment of all
products
Develop an efficient
data management
system
Supply chain
collaboration is
important
Implement non-
biological
procedures
Confirm safe and
compliant handling,
storage and
transport
Adopt “green
chemistry” and make
products
“sustainable”
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The Ultimate Apprise
Implement automated systems that can help in managing regulatory compliance by
analyzing regulatory changes, material data, suppliers, or BOM change, and quantity
and movement tracking
The best advice is “be prepared” and “comply fully as soon as possible” because non-
compliance may have severe effects on your business and corporate image
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For more details please visit the link below:
http://www.wipro.com/Documents/understanding_regulator
y_compliance.pdf
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Wipro set up the Council for Industry Research, comprised of domain
and technology experts from the organization, to address the needs of
customers. It specifically surveys innovative strategies that will help
customers gain competitive advantage in the market. The Council, in
collaboration with leading academic institutions and industry bodies,
studies market trends to help equip organizations with insights to
facilitate their IT and business strategies.
For more information on the Research Council visit
www.wipro.com/insights or mail [email protected]
About Wipro Council for Industry Research
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About Wipro Technologies
Wipro Technologies, the global IT business of
Wipro Limited (NYSE:WIT) is a leading Information
Technology, Consulting and Outsourcing company,
that delivers solutions to enable its clients do
business better. Wipro Technologies delivers
winning business outcomes through its deep
industry experience and a 360 degree view of
“Business through Technology” – helping clients
create successful and adaptive businesses. A
company recognised globally for its comprehensive
portfolio of services, a practitioner’s approach to
delivering innovation and an organization wide
commitment to sustainability, Wipro Technologies
has over 140,000 employees and clients across 57
countries.
For more information, please visit www.wipro.com
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Thank You ©Wipro Limited, 2013. All rights reserved.
For more information visit www.wipro.com
No part of this document may be reproduced in
whole or in part without the written permission of the
authors.
Wipro is not liable for any business outcome based
on the views presented in this document. For specific
implementation clients should take advise from their
client engagement manager.