RosettaNet Announces Industry Standard for Exchanging Product Material Composition

Strategic Insights -

RosettaNet, a leading e-business process consortium, has recently announced the industry standard for exchanging product material composition, known as the RosettaNet Partner Interface Process(R) (PIP(R)) for material composition. This development comes in response to the need for companies to gather and disseminate the chemical composition of their products to satisfy global legislation, drive environmental improvements, and provide information to customers and stakeholders. The standard has been recognized as crucial for meeting compliance requirements of recent European Union Restriction of Hazardous Substances (RoHS) Directives, with information about material composition being required to be shared across multiple tiers of the supply chain by July 6, 2006.

Key Takeaways:

  • RosettaNet Partner Interface Process(R) (PIP(R)) for material composition is the industry standard for exchanging product material composition.
  • The standard addresses the need for companies to gather and disseminate the chemical composition of their products to satisfy global legislation, drive environmental improvements, and provide information to customers and stakeholders.
  • Implementation of the standard allows for the automation of the exchange of material composition information between business partners, reducing manual efforts and improving efficiency.
  • RosettaNet's member companies, including Agilent Technologies, National Semiconductor, NEC Electronics, Nokia, Sony, STMicroelectronics, and Texas Instruments, have recognized the importance of this standard and have committed to its implementation.
  • The standard is crucial for meeting compliance requirements of recent European Union Restriction of Hazardous Substances (RoHS) Directives, with information about material composition being required to be shared across multiple tiers of the supply chain by July 6, 2006.

Statistics:

  • By July 6, 2006, companies must share information about material composition across multiple tiers of the supply chain.
  • RosettaNet has 500 world-leading organizations collaborating to create, implement, and promote open global e-business process standards and services.
  • According to Herman Stiphout, President of RosettaNet, the RosettaNet Partner Interface Process for material composition provides the first standards-based solution for this important global, environmental mandate.

Sources:

  • Business Wire - "RosettaNet Announces Industry Standard for Exchanging Product Material Composition" (May 31, 2005)
  • RosettaNet - "About RosettaNet" (www.RosettaNet.org)