Specialized cosmetic SME with international expansion

PYME cosmética especializada con expansión internacional

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The Client

Spanish international SME company (70% of international sales) specialized in cosmetic products.

The Challenge

  • Suppliers managed through distributors, despite having large volumes
  • Importation of many products from Asia with the consequent impact on risk management and ESG policies.
  • Need to find suppliers for new launches

The Solution

  • Strategic sourcing of ingredients
  • Development of supplier relationships directly and through SRM programs.
  • Risk management plan for the entire supply chain, with alternative suppliers, contract negotiation and management

The Results

  • 60% cost reduction
  • Two new European sources of supply, in addition to the Asian one
  • Significant improvement in lead times from 3 months to 1 week
  • Contribution to the Company’s ESG policy