A Message from Roberto Magana, SVP, Chief Procurement Officer, on Supply Chain collaboration:
For more than 70 years, The Estée Lauder Companies has been a leader in prestige beauty – crafting exceptional beauty products for the world’s most discerning consumers. We could not have achieved this leadership position without the services and collaboration of thousands of direct and indirect suppliers, some of which have worked with us since the Company’s early days.
Our founding principles include a dedication to quality, a passion for excellence and a deep respect for our diverse global consumers. We infuse creativity and innovation throughout our business. And we are committed to operating ethically and sustainably, with the highest business standards and in abidance with the laws that govern our operations around the world.
We aim to develop long-lasting, trusting and mutually beneficial relationships with suppliers who share our strong values and who demonstrate the same commitment to operating responsibly and ethically across all facets of business.
Quality. Innovation. Sustainability. Agility. Best total cost. These are the pillars that guide our joint success. A dedication to understanding our business and building resources to support our Company’s fastest-growing opportunities across geography, category and channel is the agility we seek. These qualities define our view of a great partnership where our businesses can thrive together.
Pushing the boundaries on innovation and an exceptional level of quality are intrinsic to The Estée Lauder Companies. They are two of the reasons we lead in prestige beauty. But we can’t solely rely on our reputation. We need to continue strengthening our quality and fueling our innovation pipeline today and into the future.
Working together with you, our valued suppliers, we will continue to raise the bar and set the industry standard.