compliance

Introducing TRIP: TREAD Reporting and Insights Platform

Kinetic Metrics has witnessed manufacturers struggle with TREAD reporting. For large Original Equipment Manufacturers (OEMs), reporting information for TREAD Act requirements can be a serious burden. For new OEMs, it can appear as a daunting and unfamiliar task. Therefore, we are pleased to introduce our newest offering, the TREAD Reporting and Insights Platform (TRIP). This platform was created in partnership with our friends at Mile59.

The data used for TREAD reporting is a gold mine for manufacturers who wish to spot trends and understand prevalence and severity of issues over time. Thus, TRIP provides a unified process for collecting, cleaning, analyzing and reporting data.

Some TRIP Basics

TRIP is an interactive dashboard to review and categorize reports. Clients can examine buckets of these reports for trends, text search across all reports, or narrow down by a specific field. The dashboard can also provide at-a-glance views for distributions and trends, and also provide historical information.

TRIP Analytics

In addition to the dashboard review and categorization, TRIP has the capability to provide statistical analysis of issues. This way clients can quickly spot new issues and understand how they are increasing or diminishing over time. There is also the capability to include Artificial Intelligence that enables automated text analysis to help with mis-categorization and quick spotting of issues and unsupervised learning to cluster issue and reveal patterns.

Adopting TRIP

Adopting TRIP can be done in three simple stages. Stage 1 involves examining a client’s current data processing technology and pipeline and providing updates and modernizations if necessary. Stage 2 includes pushing data to the TRIP and using the basic dashboards. Stage 3 involves customization of dashboards and adopting the advanced analytics techniques.

TRIP can assist clients in avoiding the pitfalls of under reporting. Not properly reporting under the TREAD Act can lead to serious civil penalties from the Federal Government. You can learn more about TRIP by visiting our page here, or by contacting us.  

Kinetic Metrics Provides US Compliance Seminar

Last week the Kinetic Metrics team traveled overseas to meet with its partner IDIADA in a collaboration to present a US Safety Compliance Seminar. Our experts reviewed several topics, including Federal Motor Vehicle Safety Standards (FMVSS), the Office of Defects Investigation (ODI) process, EPA/CAFE standards and current issues in the US market today. It is important for foreign automakers to fully understand the requirements of the Federal Government as well as the needs of US consumers.

The compliance seminars are set up to not only educate but create a discussion amongst colleagues. We examined the importance of safety compliance and the communication necessary to build a successful product. The seminars that KM can provide may also be catered to specific products and issues at hand.  In addition to the seminars KM can also assist a new automaker with all the required submissions (recall, EWR, etc.).

In our continuing efforts to assist emerging overseas markets we plan to continue our outreach and are available for seminars and similar discussions with clients. Please contact us now for more information.