Arena Solutions today announced a strategic partnership with Q Point Technology to offer Q Point's Green Data Exchange (GDX) to Arena PLM users. GDX is the largest online exchange for compliance data, allowing companies to obtain RoHS, REACH, substance disclosure, and Conflict Minerals information from more than 10,000 suppliers worldwide.
"Compliance is a complex challenge that is only becoming more difficult for tech and medical device companies, as national and international governments alike, continue to add more regulations to adhere to," said Steve Chalgren, vice president of product management and strategy for Arena. "We're excited about this partnership with Q Point Technology, which gives our PLM community deep access to their rich compliance analysis solution."
Q Point's Green Data Exchange enables customers to:
- Evaluate the compliance status of a product or sub-assembly to a regulation
- Know, at-a-glance, if a part is compliant and view all supporting supplier declaration data
- Communicate with suppliers to request information for any commodity type, including custom parts
- Invite any supplier to register for a free GDX account
- Generate a compliance report for a customer
- Manage a risk assessment program by assigning risk factors at a supplier part level
"With Green Data Exchange," said Bill Robertson, CEO at Q Point, "Arena PLM users can evaluate the compliance of any BOM to regulations such as RoHS, REACH, and Conflict Minerals. By providing a system that allows companies to connect with their suppliers, organizations are able to reduce their compliance costs and stay up-to-date with ever changing regulations."
