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Toshiba has six international procurement offices worldwide, with the one in Taiwan now leading to account for over 50% of the company's total overseas purchases.
The study found that: * One-quarter of companies reduced their overall procurement costs by 30% or more after launching an international procurement office in China * 7% are saving in excess of 50% * One-third expect savings of 30% or more within three years * Four out of five companies believe that their international procurement offices are meeting or exceeding expectations Some medical device IPOs in Asia are staffed by expatriates seconded from headquarters.
Hitachi Group will hold suppliers's procurement meeting for its international procurement office (IPO) at Nangang exhibition hall today and tomorrow (Nov.
28, 2011 (CENS) -- Barco, a global technology company specializing in providing imaging systems, recently set up an international procurement office (IPO) in Taiwan to source projector and opto-electronic parts and components etc.