FOSTER CITY, Calif. and LOS ALTOS, Calif., April 27, 2015 /CNW/ -- Arena Solutions, the pioneer of cloud-based product lifecycle management (PLM) applications, 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."
About Green Data Exchange and Q Point Technology
As the largest online exchange for compliance data, Green Data Exchange addresses the growing challenge in the supply chain of obtaining and maintaining required regulatory compliance data. GDX enables companies to stay up-to-date with frequently changing environmental regulations, reduce compliance costs, and increase operational efficiency.
Q Point Technology is a leading provider of environmental compliance solutions for the supply chain. Q Point is headquartered in Los Altos, California. For more information, visit www.qpointtech.com.
About Arena Solutions
Pioneer of cloud-based PLM, Arena's suite of PLM and supply chain solutions enable engineering, manufacturing and their extended supply chains to speed prototyping, reduce scrap, streamline their supply chain, improve margins, and collapse time to market. Based in Foster City, Calif., Arena's PLM applications simplify bill of materials (BOM) and change management for organizations of all sizes, and the company has been ranked as a Top 10 PLM provider and Top 5 Supplier Collaboration solution. Arena also holds a spot on National Association for Business Resources' "San Francisco's Best & Brightest Companies to Work For" List for 2014.
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SOURCE Arena Solutions