プレシジョン・システム・サイエンス株式会社

Successfully developed sales channels in Africa from scratch. Plans to deploy fully automated PCR testing equipment in the African region.Precision System Science Co., Ltd.

Starting in April 2022, Precision System Science Co., Ltd. (Matsudo City, Chiba Prefecture; President and CEO: Shuji Tajima; hereinafter referred to as PSS) began providing its comprehensive trade outsourcing package service, "DigiTrad" (now "Omakase Trade").
Within approximately one year of the contract's commencement, we achieved the development of sales channels and sales in Africa, laying the foundation for PSS's business expansion in Africa.

assignment

  • We had long considered expanding into African countries where infectious diseases are a serious problem, but the lack of opportunities to connect with partner companies or agents familiar with local conditions had been a challenge.

current situation

  • As a result of showcasing our products at trade shows in Egypt and Kenya and searching for sales agents, we achieved our first deal in Africa, secured a sales agent, and launched product sales.
  • We also plan to conduct product promotion activities for the PSS brand in the new field of genetic diagnostics.

Background of the implementation

Since around 2020, the world has been hit by the hardship of the COVID-19 pandemic, causing chaos in many regions. Africa in particular has a developing medical field, and various infectious disease issues have been a serious concern even before the COVID-19 pandemic.

Against this backdrop, PSS had long been keen to expand its in-house products, the automated nucleic acid (gene) extraction device "magLEAD" and the fully automated PCR testing device "geneLEAD," into Africa; however, it had been unable to access partner companies or agents familiar with local conditions in Africa, which was a major challenge.

Since its founding in 2017, Standage has been focusing on Africa, with bases in four countries: Nigeria, South Africa, Kenya, and Egypt. It employs local staff and is engaged in various initiatives related to trade with Africa.

"DigiTrad" (now "Omakase Trade"), a trade outsourcing package that has been gradually rolled out since spring 2022, is a service that allows domestic companies that find it difficult to build their own trade operations to entrust everything from market development to settlement and logistics to Standage.

In supporting the exports of domestic companies, we have also demonstrated our strengths in building trade and developing sales channels with Africa, leveraging the strong relationships we have built with Africa since our founding.

The contract was reached because Standage, which has bases and relationships in the region and strengths in building trade with Africa, would be able to support PSS, which wants to expand its medical equipment into Africa, and thereby contribute to the development of medical care and welfare in the region.

Main services provided

Since the products are purchased domestically, manufacturers can export them with the same procedures and labor hours as for shipping domestically. Standage will then handle all sales channel development, contract-related work, and preparation of export-related documents.

At the same time, Standage will understand the manufacturer's products and conduct a survey of the local market and demand. Based on the results, Standage will carry out promotional activities such as exhibiting at exhibitions where local buyers gather, and will handle everything from inquiries to price negotiations, contracts, payments, and transportation arrangements including samples.

As a result of promoting two types of PSS PCR testing equipment at a local exhibition, an inquiry was received from an Egyptian distributor, and the supply of the equipment was realized.

Comment from Hideki Tanaka, Director of Precision System Science

We develop, manufacture and supply fully automated PCR testing equipment used primarily in in vitro diagnostics and research fields that involve genes, as well as associated dedicated consumables (gene extraction reagents, etc.) worldwide.

In the past, our main business was OEM supply, but due to the COVID-19 pandemic, awareness of our own brand has rapidly increased, and now selling our own brand products has become our core business.

During the COVID-19 pandemic, we were able to widely provide fully automated PCR testing equipment to medical facilities throughout Japan. However, we wanted to meet the growing demand both domestically and internationally for testing for infectious diseases other than COVID-19, genetic mutations such as cancer, and animal testing, so expanding our overseas sales network became a new and urgent business challenge. It was at this time that we were introduced to Standage Inc. through our bank and applied for their trade agency service, "DigiTrad" (now "Omakase Trading").

Standage's Vice President, Mr. Omori, is a former researcher in the bio-related field and has a deep knowledge of the genetic testing field. After gaining a deep understanding of the concept of PSS's products, he immediately began introducing the products at exhibitions in Egypt and Kenya and searching for sales agents.

Furthermore, we received support from a dedicated Egyptian-born person in Egypt, Africa, and as a result, we were able to achieve our long-cherished dream of making our first contract in Africa, gaining a sales agent, and selling our products. It truly made us realize how easy it is to handle the entire process of international trade.

Moving forward, we plan to use this sales performance as a model case to further strengthen our business partnership with Standage Inc. We will make even better use of "DigiTrad (now: Omakase Trading)" to develop new sales channels in Africa and other regions, as well as receive assistance with product promotion activities for the PSS brand in the new field of genetic diagnostics.

*The information presented reflects the situation at the time of the interview.

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