Responsible Manufacturer Benchmark - Parchem

By CommonShare

Parchem Trading Ltd. is a premier supplier and distributor of specialty chemicals, catering to a global clientele with a focus on bulk orders. With a reputation for reliability and efficiency, Parchem offers a wide range of specialty chemicals to meet the diverse needs of industries worldwide. Their commitment to quality and customer satisfaction sets them apart in the competitive market of chemical suppliers.

As a leader in the industry, Parchem holds a strong position with a significant market presence, serving a wide range of sectors including pharmaceuticals, manufacturing, and research institutions. Their advanced search capabilities and quick quote system streamline the procurement process for their clients, making Parchem a preferred choice for businesses seeking specialty chemical solutions. Noteworthy achievements and innovations further solidify their standing as a trusted partner in the chemical supply chain.

Founded on a mission to provide top-notch products and services, Parchem Trading Ltd. has evolved over the years to become a key player in the global chemical industry. Their values of integrity, innovation, and customer-centric approach drive every aspect of their operations, ensuring that they exceed expectations and deliver value to their customers. With a strong geographic presence and a dedicated leadership team, Parchem continues to expand its reach and enhance its offerings to meet the evolving needs of the market.

Looking towards the future, Parchem Trading Ltd. remains committed to maintaining its position as a leading supplier of specialty chemicals worldwide. By staying true to their core values and leveraging their expertise, Parchem aims to further strengthen its relationships with customers, explore new markets, and drive innovation in the industry. As they continue to adapt to changing market dynamics and customer demands, Parchem Trading Ltd. is poised for sustained growth and success in the years to come.

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.

Parchem

United States

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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.