Responsible Manufacturer Benchmark - Zhejiang Yike Thread Technology
By CommonShare
Zhejiang Yike Thread Technology Co., Ltd. is a prominent supplier located in the Zhejiang region of China. The company specializes in the production of a variety of yarns, including dyed yarns, greige yarns, and undyed yarns. Zhejiang Yike Thread Technology Co., Ltd. adheres to the Global Recycled Standard (GRS), ensuring that its products meet international sustainability and quality standards. With a commitment to excellence and innovation, the company serves a diverse range of industries, providing high-quality yarn solutions to its clients.
Overall Rating
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.
