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
NIKON-CORPORATION23.1.2019 08:04 | Pressemeddelelse
Nikon, ASML And Carl Zeiss Sign Agreement to Settle All Litigation
PHILIP-MORRIS23.1.2019 08:02 | Pressemeddelelse
PMI Explores Global Public Health Issues in New White Paper
NY-CORSAIR23.1.2019 05:38 | Pressemeddelelse
Corsair Infrastructure Partners Announces Transaction Involving DP World Australia
YOKOGAWA-ELECTRIC23.1.2019 05:02 | Pressemeddelelse
Yokogawa Joins Global 100 Most Sustainable Corporations in the World Index
V-CAT-VIETNAM23.1.2019 01:02 | Pressemeddelelse
V-CAT to Begin a New Type of Crowdfunding, Using Digital Currency
NV-RIMINI-STREET,-INC.23.1.2019 00:02 | Pressemeddelelse
Prominent Trade Consulting Firm in South Korea Switches to Rimini Street Support for Its Oracle Database
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum