New service enables multinationals to assess supply chain risks related to trade secret theft, piracy, counterfeiting and other IP infringement
Submitted by: Intertek
Posted: Jan 27, 2015 – 02:00 PM EST
BOXBOROUGH, M.A. and WASHINGTON, D.C., Jan. 27 /CSRwire/ - Intertek, a leading provider of quality and safety solutions serving a wide range of industries around the world, announces a partnership with the Center for Responsible Enterprise And Trade (CREATe.org) to offer a CREATe IP protection solution as part of its Global Supplier Management (GSM) risk services.
Global Supplier Management offers a risk-based online solution for managing suppliers with the transparency and traceability needed to succeed in a competitive global business environment. Through the partnership, GSM will integrate solutions from CREATe Leading Practices for IP Protection, which will enable a company to integrate IP protection into their overall risk management of third parties in their supply chain.
Many companies spend considerable resources assessing social and environmental risks in their supply chain. Yet, companies often ignore the significant reputational and financial risks associated with intellectual property (IP) infringement. Although more than 75% of a company’s assets are tied to IP, companies today lack the systems and processes to protect their IP from infringement. This is particularly true with subsidiaries, regional offices, suppliers and business partners. By leveraging the Intertek GSM process, global local resources and IT platform with CREATe’s IP protection services and expertise, this IP assessment will enable a company to measure the maturity of a supplier’s IP protection management system, identify vulnerabilities and highlight opportunities for improvement.
“By leveraging CREATe’s Intellectual Property expertise, we can provide our clients with a better supplier risk management approach into our Global Supplier Management solution and help to ensure that intellectual property rights are identified and managed properly within their supply chain,” says Christophe Liebon, Vice President of Supplier Management at Intertek.
“We are excited to partner with Intertek to build awareness of the importance of IP protection in assessing supply chain risk. Companies will now have a practical and scalable way to assess a supplier’s ability to protect their IP. This service provides a way to measure and benchmark a supplier’s IP protection program,” stated Craig Moss, COO of CREATe.
The service is available in English, Chinese, Portuguese and Spanish. For more information, please visit www.globalsuppliermanagement.com or email Ana.Moreira@intertek.com or Andrew.Savini@intertek.com.
Complimentary Webinar: Integrating IP Protection into Supplier Risk Management
On January 28, 2015, Intertek and CREATe are hosting a webinar to provide insights into the threat of IP infringement in the supply chain and Intertek’s global IP Protection solutions.
To register and learn more, please visit: https://attendee.gotowebinar.com/register/7508301386314706433
Intertek is a leading quality solutions provider to industries worldwide. From auditing and inspection, to testing, training, advisory, quality assurance and certification, Intertek adds value for its customers by helping improve the quality and safety of their products, assets and processes. With a network of more than 1,000 laboratories and offices and over 36,000 people in more than 100 countries, Intertek supports companies’ success in the global marketplace, by helping customers to meet end users’ expectations for safety, sustainability, performance, integrity and desirability in virtually any market worldwide. Visit www.intertek.com
About the Center for Responsible Enterprise And Trade (CREATe.org)
The Center for Responsible Enterprise And Trade (CREATe.org) is a non-governmental organization dedicated to helping companies and their suppliers and business partners reduce counterfeiting, piracy, trade secret theft and corruption. To achieve our objectives, we have developed CREATe Leading Practices for IP Protection and CREATe Leading Practices for Anti-Corruption, two services based on best practices drawn from companies around the world, academics, and other leading organizations. In addition to online assessments, CREATe offers practical, scalable and cost-effective independent evaluations, training and other resources designed to benchmark and improve practices for safeguarding IP and preventing corruption. Companies around the world are using CREATe Leading Practices to measure and improve systems for IP protection and anti-corruption. The service is available in Chinese, English, Portuguese and Spanish. For more information, please email info@CREATe.org or visit www.CREATe.org.