Networked Ingredients Marketplace with Regulatory Global Compliance Support
TraceGains has announced Regulatory Global, a new module for its Networked Ingredient Marketplace that enables food, beverage, and dietary supplement companies to mitigate risks inherent to international markets. Regulatory Global provides a central source of data for more than 200,000 international laws to help consumer packaged goods (CPG) professionals ensure compliance.
Navigating regulations across multiple jurisdictions is an increasingly difficult task, even in a single market. For businesses operating, exporting, or importing globally, the responsibility and complexity increase exponentially. Regulatory Global is intended to be a tool for international businesses amid an increasingly crowded marketplace and growing global demand for environmental, social, and corporate governance (ESG) -related compliance.