
L'Oreal Validates Outsourcing Contract
June 07, 2005 - New Straits Times
L'OREAL Malaysia Sdn Bhd recently validated its existing
loyalty outsourcing contract with Customer Loyalty Solution
Sdn Bhd (CLS).
Under the contract, CLS, a subsidiary of Advance Information
Marketing, provides data management expertise and procurement
and fulfilment services to L'Oreal.
CLS said in a statement released in Kuala Lumpur yesterday
that since the launch of the loyalty programme in 2003,
L'Oreal's relationship management with retailers across
the country improved significantly.
"Hence, more retailers surpassed their individual target
and the company's 2004 sales revenue increased 16 per cent
from RM8.4 million in 2003," the company said.
CLS said its joint improvement programme with L'Oreal teams
revolutionised L'Oreal's loyalty programme, slashed unnecessary
resources, reduced costs and enchanced better understanding
of retailers' needs.
It added that all these provided L'Oreal with a competitive
edge.
L'Oreal Malaysia Sdn Bhd's marketing manager Low Yee Lee
said in the last two years, CLS has demonstrated its capabilities
in raising the standards of loyalty performance to meet
L'Oreal's expectations and made its fast-moving consumer
business more competitive.