Global manufacturers operating in multiple countries with complex regulatory systems now treat product compliance management as a vital requirement which boards need to address. Organizations now face direct market access and revenue continuity and enterprise risk exposure challenges because compliance requirements have expanded to include REACH and RoHS and PFAS and conflict minerals. The CEOs and CFOs need to understand that companies now require complete compliance solutions which handle all documentary requirements for multiple jurisdictions and all supplier relationships and all emerging chemical regulations. The current state of product compliance management demands organizations to adopt AI-based automated systems which provide complete visibility of materials at the bill of materials level and which generate documents that remain ready for audits at all times. Organizations that fail to establish centralized compliance data systems and real-time regulatory monitoring
