Jeon Hwa-sung's Startup Morning Coffee Ep. 1078: The Hyper-connected Era

'Startup Morning Coffee,' broadcast live daily at 8:40 AM on the YouTube channel 'Jeon Hwa-sung's CNTV,' has established itself as a vibrant hub within the domestic startup ecosystem. Under the insightful guidance of CEO Jeon Hwa-sung, the program deeply illuminates the core competencies and market potential of promising startups, and, through active interaction with viewers via real-time comments, provides an indispensable platform for information exchange for those interested in startups. The company that recently garnered significant attention was Next Pangaea, a leader in innovation within the cosmetics manufacturing market. Next Pangaea is drawing attention by introducing an innovative manufacturing solution in the form of MaaS (Manufacturing as a Service) to resolve the chronic issues of the complex and inefficient existing cosmetics manufacturing market. Existing brand companies struggled to find suitable manufacturing partners, while manufacturers also suffered from process limitations and inefficiencies. To quench this market thirst, Next Pangaea directly designs and manages an end-to-end supply chain that encompasses the entire process, from raw material procurement to final product delivery. In particular, by providing preliminary quotes and utilizing a predictive execution platform, it maximizes the speed and efficiency of product manufacturing, simplifying previously complex manufacturing processes. Currently, it is further developing its potential with support from CNT Tech's sports accelerator. Next Pangaea's distinctive competitive edge lies primarily in its supply chain design capabilities based on brand-customized manufacturing strategies and its direct execution of these. Its bold service of selecting manufacturing partners optimized for client needs and proactively providing estimated quotes within 7 days is sending a fresh shockwave through the market. Furthermore, by precisely designing and directly operating the entire SCM (Supply Chain Management) in advance, it eliminates uncertainty and manages production processes transparently. The platform's diverse features, including a cosmetics development history management system, easy vendor search, 1:1 real-time chat, simple sample payment, standardized sample forms, and shipping agency support, significantly enhance overall manufacturing process efficiency. Thus, Next Pangaea goes beyond merely providing solutions; it is setting new standards by digitizing and optimizing the entire cosmetics manufacturing process. CEO Jeon Hwa-sung expressed deep admiration for Next Pangaea's rapid growth. This is because it has already demonstrated outstanding performance by successfully establishing PB (Private Brand) product development partnerships with numerous global retail companies. Indeed, it recorded approximately 1.25 billion won in sales in 2023 and is projected to continue its explosive growth, with an estimated 3.5 billion won in sales for 2024. This clearly indicates the powerful competitiveness of Next Pangaea's innovative MaaS solution in the market. Next Pangaea is rapidly leaping forward, not merely making cosmetics, but presenting a new paradigm for the future manufacturing industry.