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Step 1 towards Compliance: Portfolio Management & Know-how |
In 4 steps to Compliance |
The management of the company‘s chemical portfolio is of critical importance, both form a business, regulatory, strategic and sustainability perspective.
Know-how, expertise, IT are the key drivers.
The portfolio management approach makes priorities and accountability transparent, given the legal mandates to fulfill regulatory compliance and to manage risk.
It‘s expected that some 20 percent of the chemical substances will disappear from the market within the next 5 to 10 years as a result of the impact of global legislation (REACH, GHS).
A systematic approach (Global Product Strategy) becomes essential in view of business success, innovation, cost, sustainability.
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