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6 common misconceptions about Dodd-Frank's impact on Wire Harness Manufacturers and EWH designs: ❗ Dodd-Frank only affects financial institutions. Reality: The act has broader implications, including on manufacturing sectors like wire harness assembly, particularly through its conflict minerals provisions which affect supply chains and material sourcing. EWH designs can't have gold and tin. ❗ Compliance is simple and inexpensive. Reality: Compliance, especially post-design, involves significant costs and complexities, including extensive documentation, supply chain audits, and sourcing certified conflict-free materials, which can be expensive and resource-intensive. But what if all this can be solved earlier? ❗Small manufacturers are exempt. Reality: The act's provisions, such as those related to conflict minerals, affect manufacturers of all sizes, requiring them to ensure their supply chains are compliant. ❗ Short-term and clear benefits. Reality: The benefits of compliance, such as improved transparency and reduced risk, are long-term and may not be immediately apparent. The initial implementation phase can be challenging and costly. ❗No impact on material costs. Reality: The need to source conflict-free materials, such as gold or tin used in wire harnesses, can increase material costs, impacting the overall cost structure of manufacturing operations. What if you could be presented with comparisons and alternatives? ❗Minimal operational changes required. Reality: Compliance often necessitates significant operational adjustments, including new technologies for tracking and reporting, enhanced quality control measures, and more rigorous supplier vetting processes. The Dodd-Frank Act requires the need for careful compliance, planning and resource allocation during the EWH design process. The bottom line is No gold, No tin. No conflict materials. What if this function were built into your design so you could identify potential stumbling points early? That's right. It's in our solution. 💪 #doddfrank #EWH #designrulechecks #DRC

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