“By prioritising top revenuegenerating products and simulating risk scenarios, we focus on risk mitigation where it matters most”
Nirav Mehta, Global VP for Direct Procurement, The Esteé Lauder Companies
Nirav says:“ Supplier partnerships are vital to our success, as they directly influence everything that we do – innovation, product quality, speed to market, cost structures, equity.
“ In the beauty and cosmetics segment, delivering a superior consumer experience relies on having consistent, high-quality ingredients, packaging and manufacturing of your products.”
Bringing the vision to life As ELC continues its transformation journey, Nirav predicts the next year or so will feature a series of“ defining moments” that shape the company’ s future.
The focus will be on bringing the Beauty Reimagined vision to life through five key pillars.
They encompass: accelerating consumer coverage through technology-enabled insights;
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