What are the positive vs negative parts of manufacturing in-house or, conversely, outsourcing? We talk with two very different ‘disruptive’ cosmetics companies to weigh up the pros and cons
Two new cosmetics houses that each claim to be ‘disrupting’ the industry in their approach as start-ups follow diametrically opposed business models with both claiming their version is the key to their success.
While one, Deciem, based in Toronto, Canada, keeps all stages of development and production in-house, Be For Beauty, from Nottingham, UK, claims business is better when outsourcing key elements such as manufacturing to specialists in the field.
But industry consultants suggest there is merit in each approach and no ‘one size fits all’ for companies, warning of pitfalls and plus points in the different models.. . .
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