Responsible Manufacturer Benchmark - South Dakota Soybean Processors

By CommonShare

South Dakota Soybean Processors, LLC (SDSP) is a leading agricultural producer cooperative that specializes in adding value to soybeans. Established in the fall of 1996, SDSP has grown to become a key player in the soybean processing industry, with a strong emphasis on providing high-quality soybean products to its customers. With approximately 2,200 producer members, SDSP operates out of multiple locations in South Dakota, including Volga and Miller/St. Lawrence, showcasing its commitment to serving the local community.

SDSP's core products include soybeans, soybean meal, soybean hulls, and soybean oil, with a focus on delivering both GMO and non-GMO options. The company prides itself on maintaining a competitive position in the market by offering safe, quality products through highly efficient and cost-effective processes. SDSP's mission is to be financially strong, provide maximum value-added payments to its partners, and ensure success through dedicated and competent management teams. By prioritizing customer satisfaction and actively seeking feedback, SDSP aims to meet the needs of its partners in a friendly and professional manner.

With a commitment to continuous growth and innovation, SDSP hosts annual NGMO Soybean Meetings, showcasing its dedication to staying ahead of industry trends and advancements. The company's strategic direction focuses on maintaining its competitive edge in the market by providing innovative products and services while upholding its core values of quality, efficiency, and customer satisfaction. As SDSP continues to expand its geographic presence and strengthen its market position, the future outlook appears promising for this dynamic agricultural cooperative.

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.

South Dakota Soybean Processors

United States

Learn More About This Company

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.