Bio-Rad Automates Conflict Minerals Compliance
Meeting the SEC's Conflict Minerals reporting requirements used to mean a manual, labor-heavy process running alongside day-to-day operations. VeriSupply automated it end to end.
Compliance couldn't come at the cost of operations.
Bio-Rad needed to meet the U.S. SEC's Conflict Minerals reporting requirements — identifying whether tin, tantalum, tungsten, or gold (3TG) in its products originated from conflict-affected and high-risk regions, and reporting on it accurately every year.
The requirement itself wasn't optional, but how it got met mattered just as much. Bio-Rad needed a compliance process that ran reliably in the background without disrupting day-to-day operations.
An automated chain of custody, start to finish.
VeriSupply implemented in 60 days and handled the full compliance workflow:
- Listed every product containing 3TG
- Identified supplier and country of origin for each component
- Auto-identified relevant suppliers and conducted RCOI (Reasonable Country of Origin Inquiry)
- Established chain of custody and due diligence documentation
- Mapped the supply chain down to smelter and mine level
- Filed Form SD and audit results directly with the SEC
The goal wasn't a report Bio-Rad had to assemble once a year. It was a process that ran continuously and produced the report on its own.
From raw supplier data to a filed report.
Relevant suppliers are contacted automatically and asked to identify the presence of 3TG in their parts and supply chain through a simple, structured template. VeriSupply then automates collection and validation of every RCOI response, matches each supplier to its smelter, and flags errors in real time rather than after the fact.
From there, the system performs due diligence to trace 3TG sourcing back to its country of origin, automatically red-flags any components sourced from Covered Countries, and assembles a data-rich, auditable trail — everything needed to complete and submit the CMRT (Conflict Minerals Reporting Template).
Dashboard for Bio-Rad, created by VeriSupply
A fully automated, auditable process.
Beyond the headline numbers, Bio-Rad gained real-time feedback to suppliers and an improved supplier experience, a simplified annual CMRT filing process, and a timely, auditable report on CMRT data — every year, without re-building the process from scratch.
"VeriSupply helped Bio-Rad meet Conflict Minerals compliance requirements by fully automating the process — resulting in huge cost savings and improvements in data accuracy."
— Bio-Rad, Supply Chain Manager
See what automated compliance looks like for you.
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