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
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Relied on separate teams for cosmetics and make-up tools sourcing, often leading to inefficiencies in product expansion.
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Limited supplier network for non-core products like make-up tools and packaging.
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Time-consuming and fragmented supplier management processes.
Product discovery
Logistics
Quality control
Sourcy's solutions
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Limited expertise in sourcing non-cosmetic products like brushes and packaging.
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Delays in supplier vetting and product launch timelines for new categories.
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Missed revenue opportunities due to incomplete product offerings in the beauty segment.
Problems
Solutions
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Sourcy streamlined the sourcing process for make-up tools and packaging, offering curated supplier options with high-quality and cost-effective solutions.
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Comprehensive QA support ensured product quality and brand consistency across categories.
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Enabled quicker time-to-market for the new product line, reducing operational bottlenecks.
Cost reduction
Revenue growth
50%
1.3x