LRN, a New York-based ethics and compliance solutions provider, has launched LRN Catalyst Supplier, a new product designed to help organizations deliver code of conduct and ethics and compliance training to their suppliers, the company announced. The solution aims to assist companies in aligning with evolving regulatory standards on supply chain risk management.
The new offering, built on LRN’s Catalyst E&C compliance management platform, includes supplier self-registration, onboarding capabilities, training delivery and reporting features. It also provides access to four titles from LRN’s library of compliance training courses.
“Organizations must prepare for a thorough overhaul of their third-party supplier engagement strategies if they are to align with the new legal landscape,” said Ty Francis MBE, LRN’s chief advisory officer. “Training third parties and suppliers, especially key employees within those entities, is crucial to ensure alignment in values and ethical standards.”
LRN Catalyst Supplier is expected to become available in late October 2024.
