Day 13 in Japan (2)
The second lecture
we had for today is from Nichifutsu Boeki company. This company was founded in
1954 by a French business group, in Tokyo. The main business for this company
is exchanging car insurance, art and furniture. After 1990’s this company began
focus on food and beverage. After keep improving, right now, as a distribution
company, the mainly two big markets are retail and food service.
As Tony Nemeka
said, “Foreign companies that do not modify their business strategies to fit
Japan unique business conditions usually fail.” Even though this company is not
a foreign company, but as a bright between other company and Japan, to exchange
the goods from different countries, they also pay much attention about it. For selected
products and chosen partners they provide an efficient distribution platform in
Japan. To build and to sustain a team of professionals with the best possible
knowledge in their field. And to grow to achieve constant results and to
provide stability for the long term.
This company also
has a high quality of the supplier chain management. Because of the land
limitation in Japan, most of Japanese tent to minimize the land usage. For example,
many markets would not have lots of storage so that they could save the space. This
also happened for Nichifutsu Boeki company. They control the stock level in
Japan to avoid overstock. Also, to make their order process more efficiency,
company controls each stage of the import process from ordering to delivery to
customers. By doing this, they could control their cost.
Finding a local
business partner is another method for this company to adjust their business
strategies to fit Japanese unique condition. KPT’s value-add service is the
main reason is one of the most important reasons for NICHIFUTSU BOEKI cooperating
with this company. KPT would repacking the cargo which would made it more suit
for the Japanese market, like stick the Japanese label. Also, KPT’s high
competence ability also help company to more likely to be success in Japan. KPT
has long expertise in food stuff handing. Its professionalism for customs
broker and storage facilities with its national delivery network which is from
Hokkaido to Okinawa. KPT also has very suitable infrastructures in Tokyo. NICHIFUTSU
BOEKI is a very good company. And because of the close relationship with the
local business partner, it is much easier for NICHIFUTSU BOEKI to become
success in Japan market. This could also represent that relationship play a big
role in Japanese business.

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