Nippon Techseed Collaborates with True Data to Enhance Corporate DX Investment

Nippon Techseed Partners with True Data

In a strategic move, Nippon Techseed Co., Ltd., headquartered in Chuo-ku, Tokyo, has announced its partnership with True Data Co., Ltd. Based in Minato-ku, Tokyo, this collaboration is set to tackle some of the prevalent challenges faced by companies in their digital transformation (DX) efforts, particularly concerning investment limitations due to budget constraints.

Addressing Investment Barriers for Digital Transformation

As businesses increasingly recognize the importance of IT investments for growth, many still hesitate due to insufficient funds. Typical hurdles include having appealing solutions available yet lacking the resources for investment, or facing constraints due to already determined budgets. The partnership with True Data seeks to bridge this gap and accelerate clients' DX investments.

Through its offering of "Indirect Material Cost Optimization Support," True Data assists companies in cutting down their indirect material costs. These savings can then be redirected toward growth-oriented IT investments. This dual approach enables businesses to see cost reduction and DX progress as interconnected objectives, fostering continuous enhancements in corporate value.

Features of the Service

Under this partnership, Nippon Techseed will present its clients with solutions alongside True Data's optimization support. True Data employs data analysis techniques based on financial ledgers to identify cost-saving opportunities. Their services involve determining target items for optimization, assessing purchasing practices, creating and executing optimization scenarios, and finalizing transaction terms to streamline indirect material costs.

The focus of True Data's service is on optimizing procurement activities within various expense categories, such as outsourcing expenses, utilities, and consumables, thus establishing sustainable frameworks for continuous improvement. For instance, if a company achieves a cost reduction of 1 million yen with a profit margin of 5%, it is equivalent to a 20 million yen increase in sales. With a robust portfolio supported by over 400 cost-reduction success stories across diverse industries, True Data has positioned itself as a reliable partner for cost optimization.

Future Outlook

Moving forward, Nippon Techseed aims to extend support to a broader clientele in their DX endeavors through this collaboration. By utilizing the funds generated from cost savings to enhance IT investments, Nippon Techseed aspires to significantly boost clients' productivity and competitiveness while supporting sustainable growth in the data and technology-driven corporate landscape.

About True Data

True Data operates a big data platform leveraging insights from approximately 5.5 trillion yen worth of annual receipts and 60 million active POS and ID-POS data points from drugstores and supermarkets. The company offers effective data utilization solutions for various sectors, including retail and consumer goods manufacturers. Their services extend from customer insight to product strategies, promotional tactics, advertisement optimization, and production and inventory management in the DX era.

True Data Company Overview

- Representative: Hiroyuki Yonekura, President
- Location: 1-10-11 Shiba Daimon, Minato-ku, Tokyo
- Established: October 10, 2000
- Website: True Data
- Contact: Contact Us

About Nippon Techseed

Nippon Techseed has amassed extensive experience supporting the publishing industry supply chain with IT solutions, showcasing a versatile technological capability from cloud services to legacy system integration. The company emphasizes delivering one-stop services, from upstream processes to system development, operation, and maintenance, aiding clients in achieving digital transformation across various sectors, including specialized trading companies, warehousing, and logistics.