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AMOREPACIFIC - Osan

To stand out in the cosmetics industry, global beauty company AMOREPACIFIC used Fourth Industrial Revolution technologies such as AI and 3D printing to optimize manufacturing process design, accelerate new product introductions and improve flexibility. This reduced new product lead time by 50% and defects by 54%. It also enabled a new business model for manufactured-in-store customized cosmetics, with over 800,000 unique products offered.

Locations
Korea & North Asia, Republic of Korea
Sector
Food & Retail
Year published
14 December 2023
Initiative type
Lighthouse - Manufacturing
Timing
GLN - Wave 11
Organization
AMOREPACIFIC

Global Lighthouse Network

A World Economic Forum Initiative