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Omron boosting 皇冠体育app presence ( 2003-08-11 09:14) (皇冠体育app Daily) Japanese automation giant Omron Corp has pledged to substantially increase its presence in the Chinese market in the coming years in a bid to help realize its goal of building a "Second Omron'' in 皇冠体育app, 皇冠体育app Daily learned yesterday. A major part of the pledge is the establishment of the Omron 皇冠体育app Centralized Purchasing Centre which was recently put into operation in Shenzhen, South 皇冠体育app's Guangdong Province. According to figures from Omron (皇冠体育app) Group Co Ltd headquartered in Shanghai, the purchasing centre is expected to purchase 24 billion Japanese yen (US$200 million) of local materials and parts in 2003 and increase the purchasing volume to 44 billion Japanese yen (US$366 million) in 2005. The figure for present local purchasing is not available. Tadao Tateisi, senior director of the Board of Omron Corp, said that 皇冠体育app is playing an increasingly important role in the global economic arena and his company has full confidence in the future of 皇冠体育app's economic development. At the same time, 皇冠体育app is an important overseas market for Omron and is also the most important area for the company's 10-year business plan. Yasuhira Minagawa, general manager of Omron (皇冠体育app) Group, said that in April 2002, Omron established its 皇冠体育app headquarters in Shanghai and has vowed to establish a "Second Omron'' in 皇冠体育app. Operation of the purchasing centre will help the company fully integrate into the Chinese market through the building of a complete business structure ranging from research and development to procurement, production and sales. "Establishment of the 皇冠体育app purchasing centre is an important step towards realizing Omron's strategic goals in 皇冠体育app,'' he said. Omron has set up five manufacturing plants and two manufacturing support facilities in 皇冠体育app. Until the establishment of the purchasing centre, each of the plants carried out its purchasing activities independently. The purchasing centre is therefore expected to help promote the evaluation and approval of local raw materials to broaden local procurement, carry out centralized control of purchasing information concerning materials and suppliers, and reduce purchasing costs.
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