Responsible Manufacturer Benchmark - LOKMANGAL AGRO INDUSTRIES -NIMBARGI ICS

By CommonShare

Lokmangal Agro Industries Ltd -Nimbargi ICS is a leading player in the agro-industrial sector, with a primary focus on sustainable sugar production. As a part of the Lokmangal Group, the company is committed to delivering sustainable goals through its innovative approach to sugar manufacturing. With a strong emphasis on eco-conscious operations and advanced technologies, Lokmangal Agro Industries Ltd sets itself apart in the industry as a pioneer in rapid construction and environmental impact minimization.

The core products and services offered by Lokmangal Agro Industries Ltd include sugar, alcohol, and clean energy production. The company's market presence is notable, with a reputation for delivering ISO-certified sugar to major buyers like Coke and Cadbury. Its key differentiators lie in its focus on sustainability and integration of advanced technologies, setting it apart from traditional sugar factories. Lokmangal Agro Industries Ltd has achieved significant milestones in the industry, with a track record of excellence and a legacy of sustainability.

Founded in 1999, Lokmangal Agro Industries Ltd has a longstanding history of 26 years of experience in the agro-industrial sector. The company's mission and values revolve around building strong partnerships and driving mutual growth for a brighter and more sustainable future. With a geographic presence in South Solapur, Lokmangal Agro Industries Ltd is led by a team that emphasizes innovation, sustainability, and customer-centric approach in its operations. The company's current strategic direction focuses on continued growth, innovation, and sustainability in the agro-industrial sector.

In conclusion, Lokmangal Agro Industries Ltd -Nimbargi ICS stands as a reputable player in the agro-industrial sector, known for its sustainable approach to sugar production and commitment to innovation. With a track record of excellence, a focus on sustainability, and a customer-centric approach, the company is poised for continued growth and success in the 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.

LOKMANGAL AGRO INDUSTRIES -NIMBARGI ICS

India

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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.