Cost Reduction through Procurement Standardization
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2022: 1 of 10 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The company continued its cost reduction activities and pursued productivity improvements by building a large-scale production system following the integration of production functions in the Tokyo metropolitan area into the Yokohama Factory in August last year, as well as through business process automation and other measures.」
The company continues to pursue productivity improvements through cost reduction activities and business process automation. - FY2022-Q2RestatedAnnual report
「The company continued its cost reduction activities and pursued productivity improvements by building a large-scale production system following the integration of production functions in the Tokyo metropolitan area into the Yokohama Factory in August last year, as well as through business process automation and other measures.」
The company continues to pursue productivity improvements through cost reduction activities and business process automation. - FY2022-Q1RestatedAnnual report
「The company also pursued initiatives to improve productivity in its production system, including cost reductions and business process automation.」
The company continues to pursue cost reductions in its production system. - FY2019First statedAnnual report
「Under its initiative to accelerate cost reductions through procurement standardization, the company will share information among departments, pursue volume discounts by standardizing procured materials, and shift to equipment with lower running costs, thereby accelerating cost reductions.」
The company is using interdepartmental information sharing, volume discounts through material standardization, and the shift to equipment with lower running costs as means of reducing costs.