Updated:

Key Characteristics of the Supply Chain of L’Oreal SA Essay

Exclusively available on Available only on IvyPanda® Made by Human No AI

The activity of L’Oréal SA is characterized by the sales of products with the help of a flexible pricing strategy allowing to improve the offer. In this respect, the orientation on current market conditions provides the diversity of goods, which positively correlates with the current customer demand. This outcome is achieved through regular examinations of external circumstances by the company’s employees, leading to readjusting efforts for the benefit of the business.

The supply chain strategy developed by L’Oréal SA is described as customer-centric, and it serves as evidence of a well-thought approach implemented in different markets. In this way, a competitive advantage is ensured by establishing the required degree of flexibility when performing regular operations. Moreover, redesigning distribution helps the company increase profits in the long run. Thus, remaining competitive is possible through timely adopting innovative technological solutions and addressing environmental aspects.

Financial Statements
Financial Statements

The strategy strengths boosting further growth of L’Oréal SA and guaranteeing its leading position in different markets correspond to the above ideas of flexible innovations. Hence, the business benefits from the particular attention to resilience and agility, data and technology, and sustainability, which are its key priorities. They contribute to an effective supply chain, which incorporates numerous distribution channels used in relation to the products that best suit the considerations of convenience.

The present situation of L’Oréal SA compared to its competitors remains stable; however, there are significant opportunities for further promotion of the manufacturer’s offers. They are readjusting the supply chain to local conditions and different sizes of orders and incorporating social responsibility to avoid complications stemming from public concerns by creating organic cosmetics. These needs are conditional upon the ongoing expansion to foreign markets, such as China, and reorientation on conducting activity in emerging countries.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2023, February 23). Key Characteristics of the Supply Chain of L’Oreal SA. https://ivypanda.com/essays/key-characteristics-of-the-supply-chain-of-loreal-sa/

Work Cited

"Key Characteristics of the Supply Chain of L’Oreal SA." IvyPanda, 23 Feb. 2023, ivypanda.com/essays/key-characteristics-of-the-supply-chain-of-loreal-sa/.

References

IvyPanda. (2023) 'Key Characteristics of the Supply Chain of L’Oreal SA'. 23 February.

References

IvyPanda. 2023. "Key Characteristics of the Supply Chain of L’Oreal SA." February 23, 2023. https://ivypanda.com/essays/key-characteristics-of-the-supply-chain-of-loreal-sa/.

1. IvyPanda. "Key Characteristics of the Supply Chain of L’Oreal SA." February 23, 2023. https://ivypanda.com/essays/key-characteristics-of-the-supply-chain-of-loreal-sa/.


Bibliography


IvyPanda. "Key Characteristics of the Supply Chain of L’Oreal SA." February 23, 2023. https://ivypanda.com/essays/key-characteristics-of-the-supply-chain-of-loreal-sa/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
1 / 1