Assent

Company Snapshot

Prestolite found itself in a situation all too common for manufacturers: Compliance management became a side job for an employee who already had a full-time role, and keeping up with expanding regulatory requirements was a challenge. However, it wasn’t realistic to add new team members or create a dedicated compliance role. What Prestolite needed was a supply chain sustainability management solution that could reduce the workload of supplier engagement and regulatory update management.

Compliance Is a Constantly Expanding Target

In the past decade, Prestolite’s compliance requirements have grown immensely:

  • PFAS reporting requirements and new restrictions
  • Routine updates to REACH regulated substance lists
  • Mounting customer pressure for supply chain sustainability data
  • Increased scrutiny from regulators on forced labor in supply chains

The Business Case for a Supply Chain Sustainability Solution

The time and resource costs of manual product compliance management were adding up. Here’s why Prestolite needed a supply chain sustainability software solution:

At least 60% of our revenue hinges on having rapid access to compliance data. If you can’t get buyers that data on demand, they’re walking away and finding someone else who can.

—Compliance/EH&S Specialist at Prestolite Electric Incorporated

The choice was clear: Assent’s solution was needed to help protect Prestolite’s bottom line.

[Before Assent] we didn’t know how much risk we were in.

—Compliance/EH&S Specialist at Prestolite Electric Incorporated

Before & After: Assent’s Superior Supply Chain Sustainability Solution

After switching to Assent, Prestolite saw a significant boost in conflict mineral data coverage compared to their previous, software-only solution.

Feeling the Regulatory Pressure? Assent Can Help.

New regulatory requirements are coming into force at a faster pace than ever before. Assent combines regulatory expertise and software that helps you be proactive about compliance and stay ahead of the regulatory curve.

Want to explore the benefits of Assent for yourself? Book a demo to see our solution in action

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