Regulatory Services

The Lacey Act

Conserving and protecting our world's natural resources is a critical issue with some unscrupulous businesses illegally sourcing materials for use in the manufacturing of products. But the problem still exists for honest companies who, without the appropriate information and compliance mechanisms in place, can fall into the trap of unknowingly engaging in prohibited conduct. The Lacey Act is a conservation law to help combat this situation.

Recent amendments to the Lacey Act have established requirements for importers and exporters to make specific declarations regarding the content of the materials used in the production of products or their components. This includes all wood products, such as paper, furniture, tool handles and certain types of fabric.

Responsible retailers need to ensure that safety and quality control regulations, standards and requirements are embedded into the technology that supports the whole 'plant to product' and delivery process.

TradeStone is working with global retailers and their suppliers to help create standards for codes, information flows and business processes, as well as dealing with concerns on integrating safety, government testing and other required regulations.

Subscribing to TradeStone Software's Lacey Act compliance capability enables you to eliminate the risks and costs of unknowingly importing prohibited goods. Through automated identification of affected products, alerting of suppliers and the early capture and visibility of required Bill of Material information, you can ensure adherence to the Lacey Act regulations.

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Learn how TradeStone can help you adhere to The Lacey Act. Get in touch today »