To assist our client, ISH, in achieving their sustainability goals by identifying and recommending qualified suppliers or recycled shopping bags and plastic containers for the cosmetics industry in Vietnam and ASEAN. This project aims to address the water pollution crisis by offering sustainable packaging solutions while adhering to circular economy principles.
Project Background:
ISH, a leading player in the cosmetics industry, approached Source of Asia (SOA) seeking solutions to reduce their environmental impact through sustainable packaging. We addressed this need by conducting market research in Vietnam and Malaysia to identify suppliers capable of providing high-quality recycled shopping bags and plastic containers specifically designed for cosmetics.
Solutions:
We conducted a Vietnamese and Malaysian market assessment to define supplier production abilities of recycled shopping bags and recycled plastic containers specific to the needs of the cosmetics industry.
After setting up the foundation of our solutions, we built a long supplier list based on the ability to meet the product requirements of the cosmetics industry. Shortlisted qualified suppliers based on factors including:
- Manufacturing capabilities
- Global certificates: FSC, OBP, GRS, BSCI, SMETA, ISO, Food contact, etc.
- Export experiences (to EU market)
- Competitive price
- Quality control
- Good collaboration
Results:
Our efforts yielded comprehensive market data and identified numerous qualified suppliers for the project, massing information from over 80 potential suppliers. Following screening discussions with these suppliers, we presented our client with a highlighted list of 26 most potential suppliers, focusing on manufacturers best suited for the project. Next step? Our client will have their onsite visits to the four most suitable suppliers directly for product development.
If you’re looking for customized tailored solutions for your business needs, we are here to get you there! Don’t hesitate to drop us an email at hello@sourceofasia.com for more information.