Case Title: L'Oreal's Digitization of Supply ChainCase Background:L'Oreal is a multinational beauty and cosmetics company known for its wide range of products. In recent years, the company has embarked on a journey of digitizing its supply chain to improve efficiency and responsiveness. By leveraging digital technologies, L'Oreal aims to streamline its operations, enhance collaboration with suppliers and partners, and deliver products to customers more effectively. Your task as a Group is to research on L'Oreal and answer the following Questions. Please prepare $1$ slide per Question and submit. Please make sure you mention on the first Slide the Name of All Group members indicating whether they Participated or Not. example: Saad Baloch$($ Student ID$)($Participated$).$ All participants will also be required to present their presentation and will be marked accordingly.Research Questions:$1.$ What are the key drivers behind L'Oreal's decision to digitize its supply chain?$2.$ What digital technologies has L'Oreal implemented in its supply chain, and how have they improved its operations?$3.$ What are the benefits and challenges of L'Oreal's digitization efforts in terms of supplier collaboration and inventory management?$4.$ How has L'Oreal's digitization of the supply chain affected customer satisfaction and responsiveness?$5.$How has L'Oreal's digitization of the supply chain impacted sustainability and environmental practices within the company? Guidelines for Research:$-$ Conduct a comprehensive literature review to understand the concept of supply chain digitization and its implications.$-$ Explore L'Oreal's official website, annual reports, and press releases to gather information on the company's digitization initiatives.$-$ Consult industry reports, case studies, and scholarly articles to gain insights into best practices and challenges related to supply chain digitization.$-$ Analyze the impact of L'Oreal's digitization efforts on various aspects such as cost reduction, inventory management, supplier relationships, and customer satisfaction.$-$ Identify any potential future opportunities or risks that L'Oreal may encounter as a result of its digitized supply chain.Note: It is important to provide a well$-$researched analysis and supporting evidence for each question. Use credible sources and cite them appropriately.