Responsible Manufacturer Benchmark - Specialty ProductsTechnology

By CommonShare

Specialty Products & Technology Inc. is a leading player in the food industry, specializing in high-quality sweetening ingredients. With a primary focus on dried sweeteners such as honey, molasses, and malt products, the company prides itself on its attention to detail and passion for delivering top-notch quality products. Their commitment to excellence is evident in their raw materials to finished goods, ensuring that their customers receive only the best.

Known for their convenience and superior taste, Specialty Products & Technology Inc. stands out in the market for providing dried sweetening ingredients that are easier to use than liquid alternatives. Their range of products, including Non-Diastatic Dry Malt and Non-GMO Dry Malt, caters to a wide variety of food manufacturers, from sweet tea to honey wheat bread producers. The company's dedication to innovation and customer satisfaction has earned them a strong presence in the industry.

Founded with a mission to deliver exceptional sweetening solutions, Specialty Products & Technology Inc. has evolved over the years to become a trusted name in the market. Their values of quality, integrity, and customer-centric approach have shaped their success and garnered a loyal customer base. With a geographic presence in Eden Prairie, MN, the company continues to uphold its standards of excellence under the leadership of a dedicated team.

Looking ahead, Specialty Products & Technology Inc. remains focused on expanding their product offerings and reaching new markets while maintaining their commitment to quality and customer satisfaction. As they continue to innovate and grow, the company's future outlook is bright, with a strong emphasis on meeting the evolving needs of the food industry and exceeding customer expectations.

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.

Specialty ProductsTechnology

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.