The Safety Data Sheet (SDS) is necessary for all teams. A proper SDS lists all materials used by your team with safety information on these products. They should tell you ingredients, allergy information, how to treat if a reaction occurs, and what to do if ingested, splashed in eyes, immersed in a cut, etc. You should keep brand specific sheets as different brands use different materials in their products. All companies are required to create an SDS for their product and they are readily available online.

SDS differs from MSDS in that SDS sheets are fully standardized. All companies are required by OSHA to standardize their MSDS sheets into SDS sheets.
Make sure to train all team members on how to read the sheets as well as where the binder is located. When at competitions, you should always keep the SDS binder visible- not sitting obscured at the bottom of a box!