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Fortience Consulting Co., Ltd., a member of the NTT Data Group, will begin offering “Support for Advanced Data Utilization in Procurement and Purchasing Operations for Contributing to Business Management” from April 22, 2026.
Amid increasing supply chain uncertainty due to rising raw material prices and the normalization of geopolitical risks, procurement and purchasing are required to play a strategic role that contributes to improving a company’s medium- to long-term profitability, including not only “cost reduction” but also addressing supply constraints. This service comprehensively supports everything from formulating the ideal state of procurement and purchasing, including S&OP (a process that connects management/business plans and objectives with the execution of the supply chain and manages future profits), to implementation planning, including the construction of a data infrastructure, and finally to implementation and stabilization, by integrating relevant data such as sales and production plans and market conditions in addition to actual procurement and purchasing data.
Until now, many manufacturing procurement organizations have prioritized “reducing order prices” as their most important mission, selecting and evaluating suppliers and negotiating prices accordingly. However, in recent years, rising raw material and labor costs, as well as government requests to review order prices, have created persistent pressure for increased costs. Furthermore, uncertainties in the supply chain have increased due to geopolitical risks, natural disasters, and procurement difficulties caused by labor shortages. Under these circumstances, relying solely on traditional cost reduction-focused procurement is no longer sufficient to protect a company’s medium- to long-term profitability.
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To elevate procurement and purchasing organizations into strategic functions that contribute to improving corporate profitability, it is crucial to combine and utilize not only historical data such as quotations and orders, but also external factor data (causal data) such as supplier master information, sales and production plans, and market conditions, according to the purpose. Therefore, Fortience is launching a consulting service to support the advancement of data utilization in the procurement and purchasing domain.
SOURCE: PRTimes
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