Responsible Manufacturer Benchmark - SensoryEffects DBA Balchem Ingredient Solutions

By CommonShare

SensoryEffects Inc. DBA Balchem Ingredient Solutions is a renowned company dedicated to delivering trusted, innovative, and science-based solutions to the nutrition, health, and food markets. With over 55 years of experience in the industry, Balchem has established itself as a global leader in providing cutting-edge products and technologies that impact the health and wellbeing of millions of humans and animals worldwide. The company's core business segments include Human Nutrition & Health, Animal Nutrition & Health, and Specialty Products, each offering a diverse range of high-quality nutrition products tailored to meet the specific needs of their customers.

Balchem Ingredient Solutions prides itself on its expertise in market insights, proven science, and product development, allowing them to create winning solutions in health, wellbeing, and nutrition for both humans and animals. As a publicly-traded company listed on the NASDAQ under BCPC, Balchem has a solid market presence and a reputation for delivering results for all stakeholders. Notable achievements include record earnings from operations and adjusted EBITDA, with strong sales and earnings growth in key segments like Human Nutrition and Health and Specialty Products.

With a mission to make the world a healthier place, Balchem Ingredient Solutions continues to expand its geographic presence and target markets, catering to a wide range of customers in the nutrition, health, and food industries. The company's commitment to continuous growth and innovation is reflected in its approach to talent acquisition, with a focus on recruiting individuals who share a passion for science and problem-solving. Looking ahead, Balchem remains focused on its strategic direction to support long-term shareholder value and drive sustainable growth in the ever-evolving health and nutrition markets.

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.

SensoryEffects DBA Balchem Ingredient Solutions

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.