Establishment of NTT Global Sourcing, Inc.
Nippon Telegraph and Telephone Corporation (NTT; Head Office: Chiyoda-ku, Tokyo; President & CEO: Jun Sawada)(TOKYO:9432) will establish a new company specializing in procurement in November 2018 (schedule), which will bring together the procurement volume of each Group company and engage in centralized price negotiations and the execution of comprehensive agreements with global vendors, etc. The new company will be under NTT, Inc., which is scheduled to be established by the third quarter of the fiscal year ending March 31, 2019.
1. Purpose and Role
NTT will establish, in the United States, a procurement company that will engage in centralized price negotiations and the execution of comprehensive agreements with global vendors, etc. for hardware, software, and services purchased in common by each Group company. Each Group company will individually procure products and services from each global vendor, etc. based on the comprehensive agreements executed by the procurement company.
Through such activities, the NTT Group will work to improve the presence of the NTT Group in the global market, reducing the Group’s total costs, and providing lower-priced, innovative services to clients.
|2. Overview of the Company|
|(1) Company name:||NTT Global Sourcing, Inc.|
|(2) Location:||United States of America|
|(3) CEO:||Mark E. La Neve (currently an NTT DATA Services Senior Vice President)|
|(4) Main business:||Centralized price negotiations and the execution of comprehensive agreements, etc. with global vendors, etc.|
|(5) Capital:||US$ 15 million|
|(6) Shareholder:||Wholly owned by NTT, Inc.|
|(7) Number of employees:||Approx. 20 (at time of establishment)|
|(8) Date of establishment:||November 2018|
For further information, please contact:
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Business Wire
CA-VELODYNE-LIDAR,-INC.26.4.2019 14:02:10 CEST | Pressemeddelelse
Velodyne Expert Addresses How Lidar Boosts Business Value of Mobile Mapping Applications
NJ-CELGENE-ACCELERON26.4.2019 13:32:07 CEST | Pressemeddelelse
Celgene Corporation and Acceleron Pharma Announce Submission of Luspatercept Marketing Authorization Application to the European Medicines Agency (EMA) for MDS and Beta-Thalassemia
SES-S.A.26.4.2019 08:02:05 CEST | Pressemeddelelse
SES: First Quarter 2019 Results
HITACHI-CONSTRUCTION26.4.2019 01:32:10 CEST | Pressemeddelelse
Wenco and Hitachi Construction Machinery Announce Open and Interoperable Partner Ecosystem for Autonomous Mining
CA-ZYNGA-INC.25.4.2019 21:32:05 CEST | Pressemeddelelse
Garth Brooks Makes Mobile Game Debut in Words With Friends, Announces Final Pre-Order Window for The Legacy Collection
RI-NORDSON-EFD25.4.2019 14:18:10 CEST | Pressemeddelelse
Nordson EFD Introduces the Contact versus Jet Dispensing White Paper
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum