Cosmetics - Supply Chain

Cosmetic and skin care industry constantly tries to match supply and demand. Today’s hot cosmetic product may be out of market tomorrow. Companies promote the latest brand often through celebrity advertising. Once demand is generated, the products must be in the shelves available for pick up. Major challenges faced by cosmetic industry in supply chain are

Raw material sourcing – seasonal and specialized ingredients
Product Traceability
Temperature controlled transportation – cold chain
Multi Tier sourcing and Demand visibility in the supply chain
Complex distribution challenge

Collaboration among the various stakeholders along the value chain is very important. Often raw material sourced from one supplier gets delivered to another contract manufacturer. Finished products are packaged by a 3Pl value added service provider and distributed into the consumption network.

Lot Number and Expiration control:
TPSynergy has configurable rules that will ensure suppliers provide batch number and expiration dates for the shipments ASN they are creating. TPSynergy triggers alerts and notifications when there are expired products being transacted in the supply chain.

Documentation Compliance:
Suppliers in cosmetic industry might be required to provide necessary documentation along with their shipments. This could be Test results, Batch records, Log Books , customs clearance etc. TPSynergy provides a comprehensive supply chain document management system that ensures suppliers do upload necessary documents before the ship the consignment. Also these documents are routed into a Block Chain network for added security and logging.

Ingredients Traceability:
Entire travel history of the raw material and finished products need to be tracked with history.
TPSynergy uses Internet Of Things (IOT) enabled devices to get real time updates on the location of the shipments. This helps greatly in the event of any audit.

Temperature Control Compliance
Many of the cosmetic items need to be maintained at certain temperature (cold chain)through out its journey in the supply chain. Detailed temperature logging is needed when the shipments are transported. TPSynergy uses its Internet of Things (IOT) enabled devices to track the temperatures and humidity in real time. Alerts are created in advance before things go out of control so that corrective actions can be taken.

How it benefits your supply chain

Ready made supply chain solution that meets many industry regulations
Visibility and control ensures on time delivery
Digitized collaboration platform connects Raw material suppliers, contract manufacturers, transporters and 3PL providers.
Temperature logged and synchronized to cloud ensures real time monitoring to avoid wastage.
Overall supply chain improvement due to collaborative execution