Oct. 25, 2012
-- New York, NY (October 11, 2012) The JEDIN Group is pleased to announce the launch of the only comprehensive cost-effective solution for the electronics, automobile, extractives industries and all companies impacted by the conflict minerals provision of the Dodd-Frank Section 1502 legislation. The JEDIN Group is a consortium of internationally known experts that design and apply creatively dynamic business focused solutions to complex cultural and socioeconomic challenges for companies with a global reach and governments in resource rich countries.
According to Ken Johnson, Director of Strategy and Management at The JEDIN Group, “The JEDIN vision is to assist businesses to grow and succeed in resource-rich developing countries while improving lives in communities in which they operate.” Our Group creates robust, advanced and integrated solutions for organizations that operate in resource-rich developing countries by providing supply chain due diligence and chain of custody assistance consistent with regulatory requirements within the context of culturally attuned best practices to facilitate local stakeholder engagements and enhance operational efficiencies that can allow the operations realize significant cost savings.
According to William Quam, Director of Financial and Operations Management at The JEDIN Group “In the vacuum that existed prior to the SEC issuing the Rules covering ‘conflict minerals’ there was a rush to market of confusing, incomplete and failed programs that were launched by many well-intentioned practitioners that lack real mineral traceability and transparency at the very beginning of the 3TG minerals supply chain.” Additionally, Quam noted that there are deficiencies as well in the oil and gas extraction industry in Africa that need corrective actions so production delays can be minimized. All of these actions can have an immediate positive impact on corporate earnings and brand equity.
The main strength of the JEDIN Group approach is their depth of experience in US business operations and their ability to put “feet on the ground” in Africa that is coupled with deep local knowledge and insight to ensure the strategic and operational plans comply with the SEC Rules, are financially viable and incorporate sound best practices at the planning, implementation and operational phases of all projects.
Media Contact: Annie Goeke +1.310.403 6693