Centralization of materials procurement at headquarters
First written in FY2018. 1 of 2 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2019-Q1.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2019-Q1AdvancedAnnual report
「In addition, we consolidated the group's materials procurement operations within the Procurement Headquarters established in April. This will enable us to reduce material costs, improve productivity and streamline indirect functions, thereby reducing fixed costs and aiming to return to profitability from the third quarter onward.」
The company explicitly stated that the materials procurement operations of the entire group were centralized in April under the Procurement Headquarters established in the previous fiscal year. - FY2018First statedAnnual report
「To reduce material costs, the company newly established a Procurement Headquarters at its head office. By centralizing the group's materials procurement operations at headquarters, it will vigorously pursue reductions in materials procurement costs.」
The company first described the initiative to establish a Procurement Headquarters at headquarters and centralize materials procurement across the group.