Five Steps to Managing Regulatory Change

This book outlines ten steps to building a better supply chain and focuses on:


•Roles and Responsibilities
•Regulatory Knowledge Base
•Regulatory Workflow Automation
•Internal Controls and Reporting
•Regulatory Compliance Software

You have to think of managing regulatory change as maintaining your knowledge of the Motoring Laws and Taxes for maintaining your car. The following questions need to be addressed:


-Who is responsible?
-What is the knowledge source
-How do you set up systems to maintain compliance?
-What are the checks in place to ensure everything is working well?
-How can it be better automated?