Hartford, CT (PRWEB) October 14, 2014
Orchid Advisors, the only management consultancy dedicated to the firearms industry, announces the conclusion of the 1st annual Firearms Industry Compliance Conference, in Ft. Lauderdale, Florida. Deemed a “tremendous success” by the 150 sector representatives in attendance, the conference featured 40 presentations directed at firearms companies, component and accessory producers, distributors and retailers. 40% of conference attendees pre-registered for the second Firearms Market Compliance Conference in Could 2015, in Orlando, Florida, indicating a probably early sell-out.

Keynote presentations to the complete audience and breakout sessions for smaller groups covered laws and regulations pertaining to ATF, ITAR, Import, Export and Anti-Corruption compliance. Also incorporated had been many presentations addressing signifies for operationalizing compliance by way of “best practices” compliance applications, internal controls and utilization of offered application and technology options. Attendees integrated Walmart, Davidson’s, Lipsey’s, Big Rock Sports, Ruger, Smith & Wesson, Remington, Colt, Mossberg, Maverick, Taurus, CZ-USA and several representatives of modest retail FFLs. Sponsorship from Smith & Wesson created it achievable for single-place retail FFLs to attend at a decreased rate.

Jon Rydberg, Founder and Chief Executive Officer of Orchid Advisors, observed, “No other venue delivers FFL holders method and technologies solutions they require to design and style and implement powerful compliance applications tailored to the certain requirements and challenges of their businesses.” By way of example, he pointed to one particular oversubscribed session that examined and compared present electronic A&D Book offerings that was so common guests were sitting on the floor and lining the walls. In a keynote plan, four senior representatives of ATF offered an update on recent and upcoming regulatory and policy modifications, current trends, and ATF organizational changes. Other popular presentations included:

–A four-hour optional pre-conference system in which Jillair Kubish, former ATF Business Operations Official and Orchid executive group member, presented a detailed overview of ATF compliance needs and techniques for inspection preparation.

–Two ITAR-focused applications covering the 10 things you need to know about Import, Export and ITAR and best practices in ITAR compliance and technology control plans.

–Nine separate presentations concentrating on the integration of technologies into firearms sector compliance applications to improve compliance while simultaneously enhancing operating efficiency.

–Two sessions offering instructions on ATF inspections to distributors and dealers and to manufacturers and importers.

–4 applications addressing distinct aspect of anti-bribery compliance for companies and distributors whose operations extend beyond the U.S. borders.

The conference provided an chance for attendees to network not only with every single other but also with providers of critical goods and services to the market, who exhibited at the conference. ARCMIM, a a single-supply answer for metal injection molded and 3D printed products, was a lead exhibitor and sponsored a reception for all conference attendees. The 11 other exhibitors integrated metal injection molding and precision machining vendors and providers of technologies and compliance options to the firearms business.

Jeffrey Grody, Orchid Advisors principal and former extended-time Senior Vice President, Basic Counsel and Chief Compliance Officer at Colt, stated “Planning for the 2015 Firearms Industry Compliance Conference subsequent Might is well underway and a tentative agenda will be released shortly. The system suggestions we have on the drawing board are wonderful! We will cover the identical all round territory but in fresh approaches. Our goal is that all attendees leave the conference with concrete actions they can take to immediately improve compliance whilst enhancing operational efficiency.” He expressed pleasure about the really massive pre-registration by 2014 conference attendees but observed that the level of intimacy necessary for the breakout sessions to “work” forces a limit to the size of the conference. “It is quite likely that the 2015 conference will sell out well in advance,” he stated.

Much more information can be found at:

—2014 Conference News Summary and Photo Photo Gallery


About Orchid Advisors – Transforming the Compliance EcosystemTM
Orchid Advisors is a management consultancy that drives operational effectiveness, profitability and regulatory compliance. As opposed to some consulting firms, our exclusive methodology provides procedure, technology and internal control options that attain all three objectives at after. Our consultants derive their experience from years served in Fortune 500, Federal Government and Worldwide Company and Consulting environments. Orchid Advisors is endorsed by the NSSF. Orchid Advisors is an SAP Platform Companion. For far more info, see http://www.orchidadvisors.com.





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