NAVEX
Case Studies
A Luxury Fashion Accessories Manufacturer Streamlines Compliance with Conflict Minerals
Overview
A Luxury Fashion Accessories Manufacturer Streamlines Compliance with Conflict MineralsNAVEX |
Application Infrastructure & Middleware - Data Exchange & Integration | |
Retail | |
Procurement Quality Assurance | |
Regulatory Compliance Monitoring Supply Chain Visibility | |
Data Science Services System Integration | |
Operational Impact
The company was able to centralize policies, procedures and regulations in one interconnected database. | |
The company was able to assess suppliers using streamlined questionnaires and automation. | |
The company was able to manage internal controls with the ability to identify duplicate and ineffective controls. | |
Quantitative Benefit
The company saved up to $3.7 million in annual compliance costs. | |
The company was able to get their conflict minerals compliance program up and running in just six weeks. | |
The company was able to distribute the RCOI survey to 1,000 suppliers in minutes. | |