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Case Study: Paragon Corp
Paragon Corp
Paragon, a leading cosmetics brand aggregator in Indonesia, renowned for its extensive range of skincare and pharmacy products. They are a major corporate player in the pharmaceutical and beauty industries, with a strong presence in the Indonesian market.
Client Brief
1. Relied on separate teams for cosmetics and make-up tools sourcing, often leading to inefficiencies in product expansion.
2. Limited supplier network for non-core products like make-up tools and packaging.
3. Time-consuming and fragmented supplier management processes.
Product Discovery
Create New Product
Expand Market
Sourcy's solutions
- Limited expertise in sourcing non-cosmetic products like brushes and packaging.
- Delays in supplier vetting and product launch timelines for new categories.
- Missed revenue opportunities due to incomplete product offerings in the beauty segment.
Problems
Solutions
- Sourcy streamlined the sourcing process for make-up tools and packaging, offering curated supplier options with high-quality and cost-effective solutions.
- Comprehensive QA support ensured product quality and brand consistency across categories.
- Enabled quicker time-to-market for the new product line, reducing operational bottlenecks.
Revenue Growth
Sourcing Time Reduction
1.3x
50%
