NTT Global Sourcing was established in 2018 by Nippon Telegraph and Telephone Corporation to drive impactful financial results through cross-company collaboration, strategic partnerships, and world-class sourcing practices. The company brings together the procurement volume of each Group company and engages in centralized price negotiations and comprehensive agreements with leading global vendors.
Built on the company's core set of values, NTT Global Sourcing's vision is to become the trusted sourcing innovator for every NTT Operating Company by maximizing the power of One NTT.
Press Release >
Nippon Telegraph and Telephone Corporation (NTT; Head Office: Chiyoda-ku, Tokyo; President & CEO: Jun Sawada) will establish a new company specializing in procurement in November 2018 (schedule), which will bring together the procurement volume of each Group company and engage in centralized price negotiations and the execution of comprehensive agreements with global vendors, etc.
NTT will establish, in the United States, a procurement company that will engage in centralized price negotiations and the execution of comprehensive agreements with global vendors, etc. for hardware, software, and services purchased in common by each Group company. Each Group company will individually procure products and services from each global vendor, etc. based on the comprehensive agreements executed by the procurement company.
Through such activities, the NTT Group will work to improve the presence of the NTT Group in the global market, reducing the Group's total costs, and providing lower-priced, innovative services to clients.