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Best Practices For Product Stewardship

Date: 04 August 2017

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16 pages

EXECUTIVE SUMMARY

This report provides directors of product stewardship, product compliance and materials traceability with an independent analysis of the best practices associated with chemicals, materials, ingredients and manufactured components transparency throughout the supply chain necessary for regulatory compliance and sustainable product design. Based on interviews with EHS and product compliance managers as well as with experts at product stewardship software and services firms, the report provides a best practice framework for the strengthening of cross-functional governance, product data management capabilities and technology-enabled workflows necessary to meet business objectives and reduce regulatory compliance risks. Verdantix analysis finds that there are ten key practices among firms that exhibit best practices across chemicals compliance, manufactured components compliance and sustainable product design.

TABLE OF CONTENTS

Best Practices For Product Stewardship

Complex Product Stewardship Pressures Cause An Organizational Headache For Firms
Diverse Regulatory And Market Drivers Put Pressure On Firms’ Product Stewardship Capabilities
Organizational Strategies To Deal With Product Stewardship Come Up Short
Firms With Product Stewardship Challenges Have Under-Invested In Technology Solutions

Successful Product Stewardship Requires A New Approach To Governance, Data And Tech-Enabled Workflow
Mapping Product Stewardship Responsibilities Is The Starting Point To Drive Cost Savings And Achieve Process Excellence
The Priority For Chemical Compliance Is Leveraging Innovative Technologies To Close The Loop On Chemical Inventories
Firms Should Aim For A Holistic Product Compliance System For Parts And Materials
Product Sustainability Data Needs To Integrate With Product Design And Compliance Data

Best Practices For Product Stewardship Emerge Across Chemicals, Manufactured Components And Sustainable Design
Chemical Compliance Best Practices Demonstrate The Most Maturity
Manufactured Components Compliance Best Practices Begin To Emerge
Sustainable Product Design Best Practices Exist In A Handful Of Visionary Firms

TABLE OF FIGURES

Figure 1. Product Stewardship Definitions
Figure 2. The Three Elements Of Product Stewardship
Figure 3. The New Framework For Product Stewardship Combines Governance, Product Data and Workflow
Figure 4. Reference Architecture For Product Stewardship

ORGANIZATIONS MENTIONED

3E Company, 3M, A. Steadman & Son Limited, Adidas, Adobe, Altium, Anthesis, Arcadis, Arena Solutions, Arizona Public Service Company, Aston Martin, Bonsucro, Bosch, BSH Hausgeräte, Cabot Microelectronics Corporation, CGI, Chemical Intensive Products Network, Compass Health, ConAgra, Dassault Systèmes, Drom Fragrances, DuPont, ElringKlinger AG, Enablon, Enginetics Aerospace, Enhesa, Enviance, ERM, European Commission, European Union (EU), Fairtrade International, Ford, Gap, Gensuite, GM, Halliburton, HP, IKEA, Illinois Tool Works, Informatica, Intelex, Interface, Intertek, iPoint, ISO, Johnson Controls, Kraft Heinz, Lego Group, Legrand, Mars, Mattel, Microsoft, Nestlé, New Life Chemical & Equipment, Nike, Orbital ATK, OSHA, Patagonia, PepsiCo, PolyOne, PRé Sustainability, PTC, PUMA, Pure Strategies, Rainforest Action Network, Rainforest Alliance, Ramboll Environ, Reckitt Benckiser Group (RB), SafeTec, Saint-Gobain, Samsung, Sanofi Pasteur, SAP, Selerant, Shell, Siemens PLM Software, SiliconExpert Technologies, SimaPro LCA, SiteHawk, Sphera, Takata, Tata Steel, thinkstep, Tikkurila, Timberland, Toshiba, Total Parts Plus, UL, Unilever, VelocityEHS, VF International, VitalMetrics, Walmart, WBCSD, WRI, Zumtobel Group.