Responsible Manufacturer Benchmark - BIOTECNOLOGIA E INNOVACION

By CommonShare

BIOTECNOLOGIA E INNOVACION (BIOFIL) LTDA. is a renowned company dedicated to producing natural and pure products with a primary focus on organic oils from Chile origin. Their core products include a wide range of cold-pressed organic oils made from carefully selected, finest organic seeds. These oils are packed with essential vitamins, minerals, and antioxidants, suitable for both culinary and skincare purposes. BIOFIL prides itself on its state-of-the-art facilities that employ a gentle cold-pressing process to preserve the nutrients and flavors of the seeds, ensuring top-notch quality in every product.

As a leader in the industry, BIOFIL holds a strong market presence with a commitment to providing premium quality organic oils. Their key differentiators lie in their dedication to sustainability, quality, and innovation. Notable achievements include certifications from EcoCert, USDA NOP, USA, and EU regulations, as well as a TRACES registration that facilitates exports to Europe. Their target markets encompass individuals seeking natural skincare solutions, healthy cooking oils, and cosmetic ingredients, catering to both personal and commercial needs.

Founded in Chile, BIOFIL has a rich history and evolution in the production of high-quality oils. Their mission revolves around producing top-tier organic products while upholding values of sustainability and quality. With a geographic presence in Chile and a strong foothold in the USA, Latin America, Europe, and Asia, BIOFIL's leadership approach focuses on a made-to-order strategy to ensure freshness and quality in every batch. Looking ahead, the company's strategic direction aims to continue delivering premium quality organic oils while expanding their market reach and further innovating in the natural products industry.

Overall Rating

1.0

Under-Performing

Traceability

An increasingly important factor in global supply chains, traceability assesses the manufacturer's capability to track products and materials from origin to delivery. The Sustainable Manufacturers Benchmark® explores this through the lens of tiered supplier verification, culminating in end-to-end traceability with real-time monitoring and complete transparency.

Digitized Products

The digital landscape has transformed B2B interactions. This facet assesses the extent to which manufacturers have digitized their product offerings. The spectrum ranges from manufacturers without any online product catalog to those boasting advanced B2B e-commerce platforms, providing clients with order customization, real-time tracking, and an integrated view of the supply chain.

Preferred Materials

This aspect gauges the extent to which manufacturers incorporate sustainable, circular, and regenerative materials in their supply chain. It assesses whether companies merely use standard materials or whether they actively prioritize sustainable and preferred materials in their product range, even going so far as to offer digital verification of material certificates.

Facility Verification and Services

This dimension evaluates the openness and commitment of manufacturers regarding their facility's conditions and services. It covers a spectrum, from providing no facility details at all to showcasing comprehensive third-party audits, ensuring transparency in worker welfare and showcasing a clear commitment to maintaining top-tier facility services.

Readiness to Contract

Before entering a partnership, it's pivotal to understand a manufacturer's business legitimacy. The Sustainable Manufacturers Benchmark® checks for the presence and verification of essential documents, ranging from basic business licenses to comprehensive documentation, client testimonials, and even third-party attestations that verify a manufacturer's reliability and readiness to contract.

BIOTECNOLOGIA E INNOVACION

Chile

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How our Responsible Manufacturer Benchmark® Works?

By CommonShare

The Responsible Manufacturer Benchmark is a comprehensive framework designed to evaluate and rate manufacturers based on their commitment to sustainability, digital integration, readiness for contracting, material sourcing, and facility standards. It provides a clear, standardized metric for assessing manufacturers in a B2B environment, helping businesses make informed decisions aligned with their sustainability objectives. The benchmark covers crucial areas like end-to-end traceability, the digital verification of supply tiers, utilization of preferred materials, and verified social audits for facilities. By incorporating both depth and granularity across its criteria, the benchmark not only promotes transparency but also encourages continuous improvement in responsible manufacturing practices.