Complying with environmental health and safety (EH&S) standards is costly in terms of money, time, and resources — but not as costly as noncompliance. Given the increased regulatory focus on EH&S across all industries and borders, businesses must up the ante in complying with EH&S standards on local, state, federal, and international levels, as well as along all points in the supply chain.
Below are three tips for navigating a complex EH&S compliance landscape:
- Streamline internal workflows and data. Disparate workflows and inconsistent sources of EH&S-related data amplify risks. A company’s supply chain professional must rally the organization around standard best practices and responsible data management.
- Simplify the review process. Supply chain professionals should continually take stock of their company’s risk profile and keep affected stakeholders in the loop. Companies can sustain compliance improvements only when stakeholders throughout the company have a full and accurate view of the supply chain and product lifecycle.
- Find a trusted partner. After streamlining processes and understanding the full spectrum of risks, companies may decide to outsource certain aspects of their EH&S compliance. In doing so, they first must vet service providers to ensure they adhere to a comprehensive approach that explores the entire supply chain from R&D and manufacturing to disposal, recycling, and reuse.
Do you want more details? See this discussion on managing EH&S compliance and risk.