| |JANUARY 202519while providing comprehensive solutions that are hard to replicate and hard to replicate with synthetic alternatives", explains Mansur.Stringent Quality Checks to Ensure Product QualityOrigo has a no-compromise policy when it comes to prioritizing the safety and effectiveness of its products. Each of the ingredients is carefully selected after rigorous R&D and quality checks. Each product goes through a series of stringent clinical testing procedures to ensure its efficacy and safety. Even the quality check procedures are meticulously designed, ensuring each step of the production guarantees consistency and purity. Additionally, the firm actively seeks consumer feedback to consistently refine its offerings and enhance customer satisfaction.Origo also follows a strict evaluation procedure to assess the sustainability practices and ethical standards followed by its suppliers. To ensure responsible sourcing, the firm prioritizes suppliers with recognized certifications. A lot of emphasis is put on supply chain transparency, which helps the firm monitor the origin of the ingredients. Apart from that, whenever possible, the firm also sources locally to reduce its carbon footprint and support local communities.Navigating The Challenges of Geographical ExpansionStarting in 2008, Origo has come a long way in terms of overall growth as well as geographical and portfolio expansion. Today, the firm also has a strong market presence internationally across nine countries, including India, Oman, UAE, Kuwait, Africa, Russia, Mauritius, and so on. While it was Mansur's long-held dream to venture internationally, the road to success has been filled with various challenges. One of the primary challenges was navigating through various regulatory compliances and standards across different countries, which can be extremely complex. The firm mitigated the issue by investing in local regulatory expertise.Apart from that, Origo also ventured into market understanding, which helped the firm with valuable insight into consumer preferences and cultural differences in those markets. Another major expansion challenge was complicated logistics and supply chains across those countries. To address this, the firm focussed on building robust partnerships with local distributors and optimizing the supply chain for efficacy and reliability. Even adjusting pricing based on economic conditions and consumer expectations can be challenging. To mitigate that, the firm adopted a flexible pricing strategy to cater to various diverse markets. To mitigate the issue of finding the right talents across those countries, the firm started investing in local hiring and training programs to build a knowledgeable team that understands the market dynamics. Mansur also shares Origo's successful journey in Oman, where the firm made use of high-quality local ingredients, such as date seed oil, camel milk, frankincense oil, and so on, to produce world-class skincare products. Origo is one of the first companies to have a factory in Oman for producing skincare products using its own raw materials.Future RoadmapComing to the future roadmap, for the next five years, Origo has a clear vision to focus on product innovation, market expansion, and sustainability. The firm also aims to continue pioneering the cosmeceutical sector by developing advanced formulations that harness the latest scientific research and innovative ingredients. The firm is also working on introducing neurocosmetics in India. When it comes to global expansion, the firm has clear plans to broaden its presence in key international markets, especially in the Middle East, Africa, and Southeast Asia. This involves not only launching products but also tailoring its offerings to meet local preferences and regulations. "Sustainability commitment remains at the core of our strategy. We aim to enhance our sourcing practices by prioritizing sustainable, ethically sourced ingredients, reducing our carbon footprint. By focusing on these goals, Origo aspires to not only lead in product innovation and market presence but also to be a responsible player in the cosmetics industry, contributing positivity to both consumers and the planet", Mansur signs off. POWith a focus on herbal bioactive ingredients, Origo's dedication to ethical sourcing and environmental responsibility guides every aspect of the firm's operations
<
Page 9 |
Page 11 >