IntroductionEvolving Manufacturing
Through the Power of Proposals and Procurement
Intelligent
Procurement
Solution Provider
By combining the power of proposals that identify individual customer challenges then determine the
optimal solution with procurement that swiftly and reliably provides products that meet needs, Nichiden
supports manufacturing.
At the foundation of this lays the value of sincerity.
Our fundamental stance of
thinking in terms of “what is needed” rather than “what we can do” maximizes the potential of our
specialized industrial distributor business model.
How Our Business Model Works
ValuesCode of Conduct
Thinking Beyond Procurement, Providing Real Solutions
Our company motto at Nichiden is “Sincerity,” and we have remained committed to doing everything with sincerity. An attitude of sincerity, not only toward customers but also toward business partners, is essential for a distributor, which stands between those who make products and those who use them. What’s more, at Nichiden, “Sincerity” also embodies our code of conduct: Thinking Beyond Procurement, Providing Real Solutions. Simply providing what we have on hand or what is easily available does not meet our customers’ underlying needs. We must think about what is truly needed, create a proposal, devise ways to procure what is necessary, and execute. This commitment to “Sincerity” is the driving force behind Nichiden’s ongoing evolution into more than just a traditional industrial distributor.
Resources
A Wide Range of Functions That Go Beyond a Traditional Industrial
Distributor
- ■ One-stop operations through logistics
- ■ Extensive supplier network
- ■ Talent with specialized knowledge and qualifications
- ■ Employee training system
Process
Engaging with Customer Needs to Accumulate and Utilize Information
- ■ Product information management (master data)
- ■ Visualize inventory data
- ■ Face-to-face communication
- ■ Marketing activities
CVPCustomer Value Proposition
Evolving Manufacturing Through the Power of Proposals and Procurement
Securing raw materials and installing equipment are vital starting points in manufacturing, and these processes contain many challenges. To begin with, what best meets customer needs, and where is it found? Moreover, how do you deliver it at the right time, to the right place, in the right form? At Nichiden, we reframe the industrial distributor business model based on the power of proposals and procurement, supplementing what traditional industrial distributors lack with our own unique methods as we strive to serve as a partner in the evolution of manufacturing.