Responsible Manufacturer Benchmark - Shengwang Trade

By CommonShare

Shengwang Trade Co., Ltd. is a renowned company known for its exceptional dedication to providing high-quality products and services in the global market. With a primary focus on international trade, Shengwang Trade Co., Ltd. has established itself as a key player in the industry, offering a diverse range of core products and services to meet the needs of its customers.

Specializing in sourcing and exporting a wide variety of goods, Shengwang Trade Co., Ltd. prides itself on its industry position and market presence as a reliable and trusted partner for businesses worldwide. Their key differentiators lie in their commitment to quality, efficiency, and customer satisfaction, setting them apart from competitors and solidifying their unique value proposition in the market.

Over the years, Shengwang Trade Co., Ltd. has achieved significant milestones and garnered recognition for its innovative approach to international trade. With a strong focus on continuous improvement and expansion, the company has successfully targeted various markets and built a loyal customer base that values their professionalism and integrity.

Founded on a strong set of values and a clear mission to deliver excellence in all aspects of their business, Shengwang Trade Co., Ltd. has grown to establish a notable geographic presence in key regions around the world. Under visionary leadership, the company continues to pave the way for future success, with a strategic direction focused on sustainable growth and continued innovation to meet the evolving needs of their customers.

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.
Shengwang Trade
China
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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.