Like many other business sectors, the steel and metals industry is subject to an array of regulatory compliance obligations. From safety to environmental to product traceability, there is no shortage of data to collect or reports to prepare for regulatory agencies. Here’s how to centralize data from across your organization, simplifying compliance efforts and systemizing the processes that protect employees, the community, and your business.
Is Regulatory Reporting Draining Profits?
Staying on top of changing regulations is a challenge. There are often multiple regulatory agencies requesting a variety of data. Collecting data from across your organization can be a time-consuming practice that diverts employees from other important tasks. Spending too much time on data management is a distraction that impacts productivity and profits. To the contrary, risking compliance can lead to hefty penalties that put your business and profits at risk.
As discussed in “6 Trends Changing the Game for Steel Service Centers and Metal Manufacturers,” maintaining compliance doesn’t have to come with a high cost. Streamline compliance efforts by replacing manual processes and disparate software systems with an integrated business management solution.
Not all business management systems can support the complex operations of steel service centers and metal manufacturers. These disparate systems isolate data, putting it further out of reach. Like your customers, regulatory agencies want safety and compliance information quickly. Delays and mistakes can be expensive. Centralizing data within RealSTEEL will simplify and automate compliance efforts.
Reduce Time and Cost of Compliance with RealSTEEL
RealSTEEL, an integrated ERP system for the steel and metals industry, includes built-in and customizable workflows that build consistency with capturing and reporting data. Workflows guide employees through common tasks, including best practices and safety procedures. Notifications can be established to alert managers when important deadlines are coming up for machine maintenance, reporting, and other compliance activities. Automation reduces the burden for maintaining regulatory compliance, such as:
- Parent/child lineage traceability
- Environmental health and safety practices
- Document control for expediting regulatory agency reports
Safety, environmental and traceability requirements are top priorities for steel service centers and metal manufacturers. However, these business-critical tasks don’t have to be a burden on your bottom line. Download our eBookand contact The Wolcott Group for more information about the powerful compliance features in RealSTEEL to protect your employees and business.
By The Wolcott Group, providers ofRealSTEEL, ‘real world’ ERPfor the steel and metals industry