L'Oreal sees margin gains from supply chain restructuring

197544 Resource 165490 94146 94146 1203091691541 1203091951526 Controlled L’Oreal looks at their supply chain to help increase gross margin

L’Oreal will be decreasing the number of buying offices and suppliers in their supply chain to help optimize reliability and cost of products.

L'Oreal CEO Jean-Paul Agon is looking to increase their margins by making their supply chain more efficient.  They are reducing the number of buying offices from seven down to four.   L’Oreal is looking to create strategic partnerships with suppliers to improve the pricing of the raw materials.  L’Oreal hopes to continue to have a 6.5 percent growth in sales in 2008, similar to the growth in 2007.  By improving their supply chain, L’Oreal should be able to reduce the number of suppliers and increase the effectiveness of the selected suppliers.  Their costs for materials should also decrease, as they would be buying more volume from dedicated suppliers.  9 application/xml false L?Oreal procurement sourcing Supply Chain L'Oreal sees margin gains from supply chain restructuring CNN http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-23020731.htm Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.0; SLCC1; .NET CLR 2.0.50727; .NET CLR 3.0.04506; InfoPath.1) 127.0.0.1 127.0.0.1 Establish 208.105.4.154 false true false false true 187565 false false true false false false true 165490 blog blogsite/ChinaSupplyChain/web