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INTRODUCTION
The term “cosmetics logistics” describes the process of contracting out the entire e-commerce supply chain. Storage, inventory control, pick-and-pack, and automated shipping are all included in this.
In fact, 52% of online buyers admitted to having previously bought a beauty product from a direct-to-consumer (DTC) firm. This demonstrates how indie internet beauty brands are in high demand. Despite the abundance of opportunities, there are still difficulties, particularly in the area of logistics.
GLOBAL COSMETICS LOGISTICS MARKET SIZE AND FORECAST
The Global Cosmetics Logistics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NEW PRODUCT LAUNCH
The launch of Cosmetics Logistics, a subsidiary of Troy-based TPS Logistics, a third-party supply chain management company, was announced. Beauty Logistics is intended to offer multimodal solutions and direction exclusively for the health and beauty industry. We have years of experience managing the specific supply chain issues that the health and beauty sector presents.
In order to concentrate this knowledge into a single business that works only with companies in the health and beauty industry to develop the most comprehensive supply chain solutions feasible, thereby enhancing their financial performance, the first-to-market idea was developed.
The platform for the new division is to offer detailed and complete data for every step of the supply chain, enabling clients to combine business sectors and systems. They are devoted to providing our clients with superior optimization, especially with regard to inventory planning, backlog reduction, and local and international shipping.
The idea was developed to address logistical challenges that weren’t taken into account in industries other than the health and beauty sectors.
As lavish as this rapid expansion may seem, there are certain vulnerabilities that cosmetic and beauty firms must deal with in relation to the supply chain lifecycle of their products. To balance supply and demand, quality control and supply chain management are essential, but visibility into logistics and transportation is frequently a significant barrier.
COMPANY PROFILE
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