Welcome!

News Feed Item

MHI Convenes "5th MHI Business Partners Conference" Attended by 300 Suppliers

Aiming Towards Strengthening Partnerships as a Method of Enhancing "Manufacturing Power" throughout the Value Chain

Tokyo, Nov 22, 2012 - (JCN Newswire) - Today Mitsubishi Heavy Industries, Ltd. (MHI) held its 5th MHI Business Partners Conference in Tokyo, attended by 300 Partner Suppliers. The meeting served to affirm MHI's commitment to enhance the "Manufacturing Power" of its total value chain as a way of enabling the company to play an important role in the revitalization of Japan through strengthened partners with its key Suppliers. MHI used the occasion to provide its principal Business Partners with an overview of its initiatives in areas such as business scale expansion and development of business opportunities in emerging economies. The proceedings also included a panel discussion as well as the introduction of examples of improvements achieved to date by company Suppliers.

The aim of the MHI Business Partners Conferences is for company executives to convey, firsthand, MHI's business plans, core policies, procurement policies, etc., as a way of further strengthening the company's relationships with its Suppliers for the benefit of all concerned.

Today's Conference opened with an address by MHI President and CEO Hideaki Omiya on the company's business strategies. He discussed the targets of the 2012 Medium-Term Business Plan, a comprehensive three-year plan launched this fiscal year, and explained MHI's strategies for achieving the company's next goal: to become a robust earnings-generating entity with a business scale of 5 trillion yen. At a time when Japanese society and the country's manufacturing industries are widely seen as lacking forward momentum, Mr. Omiya spoke of his determination to contribute, in tandem with the company's Business Partners, to the nation's revitalization as a technologically sustained world-class force, and he asked for their renewed understanding and cooperation.

For the first time, the conference incorporated a panel discussion. This forum focused on the theme of Japan as a country sustained by technology, and it brought together members of MHI's executive rank, including Mr. Omiya, and upper echelon representatives of three Supplier firms. They discussed and shared their views on such issues as how to respond to globalization and global developments in manufacturing technology.

MHI's 2012 Medium-Term Business Plan has set two overriding targets: expansion of the company's business scale and improvement of both capital efficiency and net income levels. To achieve those aims the company has formulated strategies including consolidation and restructuring of its business segments, acceleration of the company's global expansion, and the institution of corporate reforms and efficiency improvements. To apply these strategies in the area of procurement, the company is striving to expand overseas purchasing and increase integrated procurement; also, it is working to strengthen activities to determine areas in need of improvement from the Suppliers' perspective. Examples in which such initiatives have already produced noteworthy results were introduced at the Conference.

The MHI Business Partners Conferences have been held annually since 2008. Going forward MHI will continue to forge increasingly stronger relationships with its Business Partners in its ongoing quest to achieve a dynamic and resilient corporate structure that will enable the company to survive and maintain an edge over its competition in today's rapidly changing business environment.

About Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 2,820.9 billion yen in fiscal 2011, the year ended March 31, 2012. MHI's diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website at www.mhi.co.jp.



Source: Mitsubishi Heavy Industries

Contact:
Mitsubishi Heavy Industries
Hideo Ikuno
[email protected]
+81-3-6716-5277


Copyright 2012 JCN Newswire. All rights reserved. www.japancorp.net

More Stories By JCN Newswire

Copyright 2008 JCN Newswire. All rights reserved. Republication or redistribution of JCN Newswire content is expressly prohibited without the prior written consent of JCN Newswire. JCN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for s...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
"We are a custom software development, engineering firm. We specialize in cloud applications from helping customers that have on-premise applications migrating to the cloud, to helping customers design brand new apps in the cloud. And we specialize in mobile apps," explained Peter Di Stefano, Vice President of Marketing at Impiger Technologies, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...