THE ESTÉE LAUDER COMPANIES
Nirav says the shift towards value creation manifests in multiple ways: driving innovation, building resilience, accelerating speed to market, advancing sustainability initiatives and fostering stronger supplier partnerships.
By aligning procurement activities with consumer priorities, ELC is positioning its wider supply chain function as a strategic differentiator in the beauty market.
Building supply chain agility and resilience The importance of supply chain agility and resilience has been brought into sharp focus by recent global disruptions – and both have understandably been top of mind for Nirav since he joined ELC in 2022.
He and fellow leaders have implemented a comprehensive programme that combines digital transformation with strategic supplier partnerships to create a more responsive and robust supply chain.
The digital transformation journey has involved modernising data infrastructure and integrating advanced analytics for realtime visibility and faster decision-making. This technological foundation enables more agile responses to changing market conditions and emerging opportunities.
“ By cultivating this digital transformation and partnering collaboratively with our suppliers, we have fostered this transparency and embraced innovative approaches, which is allowing us to quickly address emerging opportunities or risks,” Nirav continues.
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