{"id":4458,"date":"2023-04-10T14:00:54","date_gmt":"2023-04-10T05:00:54","guid":{"rendered":"https:\/\/wp.standage.co.jp\/?p=4458"},"modified":"2026-02-06T15:46:23","modified_gmt":"2026-02-06T06:46:23","slug":"%e8%a3%bd%e9%80%a0%e6%a5%ad%e3%81%ae%e8%aa%bf%e9%81%94%e6%a5%ad%e5%8b%99%e3%82%92%ef%bc%97%e5%89%b2%e5%89%8a%e6%b8%9b%e3%80%80%e5%b1%b1%e4%b9%9d%e3%81%a8%e5%85%b1%e5%90%8c%e9%96%8b%e7%99%ba%e3%81%ae","status":"publish","type":"post","link":"https:\/\/wp.standage.co.jp\/us\/2023\/04\/10\/%e8%a3%bd%e9%80%a0%e6%a5%ad%e3%81%ae%e8%aa%bf%e9%81%94%e6%a5%ad%e5%8b%99%e3%82%92%ef%bc%97%e5%89%b2%e5%89%8a%e6%b8%9b%e3%80%80%e5%b1%b1%e4%b9%9d%e3%81%a8%e5%85%b1%e5%90%8c%e9%96%8b%e7%99%ba%e3%81%ae\/","title":{"rendered":"Reduces procurement operations in manufacturing by 70% Launch of new service &quot;Logify&quot; jointly developed with Sankyu"},"content":{"rendered":"<p><span style=\"color: #808080;\"><strong>Addressing the growing complexity of the supply chain Consolidating business processes to improve resilience<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>STANDAGE Co., Ltd. (Minato-ku, Tokyo, CEO: Akinori Adachi, hereinafter referred to as Standage), which develops and provides digital trade platforms, has started offering a new service called &quot;Logify&quot; together with Sankyu Co., Ltd. (Chuo-ku, Tokyo, CEO: Kimihiro Nakamura, hereinafter referred to as Sankyu) to improve the efficiency of parts procurement operations for the manufacturing industry. In the current unstable global situation, the supply chain structure has become more complex, making it increasingly important for the manufacturing industry to improve the efficiency of procurement operations. By combining Standage&#039;s digital technology with Sankyu&#039;s logistics functions, this service not only improves the efficiency of procurement operations, from parts ordering and inventory management to payment with suppliers, but also contributes to off-balancing inventory and improving cash flow.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>\u25a0 Background of the development of &quot;Logicify&quot;<\/strong><br \/>\nStandage and Sankyu began their capital and business alliance in March 2020 and have been jointly developing solutions to improve trade and logistics operations, such as expanding sales channels in the manufacturing industry and streamlining logistics processes.<br \/>\nOn the other hand, the recent instability in the global situation has led manufacturers to reassess their supply chains, resulting in structures that are more complex and diverse, making it more important than ever to improve the efficiency and resilience of procurement operations.<\/p>\n<p>In the manufacturing industry, it is common for procurement tasks such as ordering, logistics, and payment to be managed using separate methods and systems. This means that each step of the process requires separate tasks and responses, making procurement operations cumbersome.<\/p>\n<p>Against this background, Standage and Sankyu brought together their respective strengths, and with the cooperation of major financial institutions on the financing side, they developed and provided &quot;Logicify.&quot;<br \/>\nThis service will contribute to resolving procurement issues by consolidating different business processes into one contact point and establishing a scheme for integrated contracting and management between the two companies. In addition, by working with major financial institutions, it will also be possible to obtain the funds required for parts procurement in a timely manner.<\/p>\n<p>In a demonstration conducted prior to the launch of the service, the introduction of this service&#039;s mechanism succeeded in reducing procurement fees by 50% and procurement work time by 70%.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-large wp-image-4460\" src=\"https:\/\/wp.standage.co.jp\/wp-content\/uploads\/2023\/04\/818c88654d3681ebe7b530534cf2d98a-1024x668.png\" alt=\"\" width=\"750\" height=\"489\" srcset=\"https:\/\/wp.standage.co.jp\/wp-content\/uploads\/2023\/04\/818c88654d3681ebe7b530534cf2d98a-1024x668.png 1024w, https:\/\/wp.standage.co.jp\/wp-content\/uploads\/2023\/04\/818c88654d3681ebe7b530534cf2d98a-300x196.png 300w, https:\/\/wp.standage.co.jp\/wp-content\/uploads\/2023\/04\/818c88654d3681ebe7b530534cf2d98a-768x501.png 768w, https:\/\/wp.standage.co.jp\/wp-content\/uploads\/2023\/04\/818c88654d3681ebe7b530534cf2d98a-1536x1002.png 1536w, https:\/\/wp.standage.co.jp\/wp-content\/uploads\/2023\/04\/818c88654d3681ebe7b530534cf2d98a-2048x1336.png 2048w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/p>\n<p><strong>\u25a0 Overview of &quot;Logicify&quot;<\/strong><br \/>\nThe service name &quot;Logify&quot; is a contraction of &quot;logistics&quot; and &quot;finance.&quot;<br \/>\nThe specific services provided and the roles of the two companies are as follows:<\/p>\n<p><strong>\u30fbService details<\/strong><br \/>\n<strong>\u2460 Procurement agency:<\/strong>Parts ordering, logistics and inventory management<br \/>\n<strong>\u2461Provision of finance services:<\/strong>Payment with suppliers, off-balance sheet of parts inventory<\/p>\n<p><strong>\u30fbRole of each company<\/strong><br \/>\n<strong>Standage:<\/strong>Arranging necessary trade documents and settlement procedures as an import\/export business (utilizing a system developed in-house)<br \/>\n<strong>Sankyu:<\/strong>Import\/export customs clearance, storage and transportation related operations<br \/>\n<strong>Partner financial institutions:<\/strong>Providing usance through trade finance (debt assignment agreement)<\/p>\n<p>By providing and expanding this &quot;Logify&quot; service, Standage and Sankyu will contribute to improving the procurement operations of many manufacturing companies.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>\u25a0About Sankyu<\/strong><br \/>\nThe company offers a wide range of logistics services, including general port transport and truck transport, as well as international logistics, warehousing and machinery construction. With many of the country&#039;s leading manufacturing companies as major shippers, the company is involved not only in logistics services such as packaging and inventory management, but also in plant engineering services such as plant construction, installation, maintenance, renovation and dismantling. It is a pioneer in the field of heavy goods transportation and installation. It also operates its own domestic container ships. Together with Nippon Express and Nissin, the company is known as one of the &quot;Big Three of China&#039;s Logistics,&quot; and its group&#039;s annual sales are 9th in the domestic land transport industry, with over 30,000 employees across the group.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>\u25a0About Standage<\/strong><br \/>\nEstablished in March 2017. Opened an office in Nigeria in December of the same year, and established local subsidiaries in Kenya, South Africa, and Egypt in 2021. Provides &quot;Digitrad,&quot; a comprehensive digital trade service that can complete all trade operations, from matching trade sellers and buyers to payment, financing, and cargo delivery. For payments with emerging countries, it has developed a safe, inexpensive, and fast payment system using blockchain and crypto assets. By combining trading company functions with tech, it aims to create a society in which domestic small and medium-sized enterprises are seamlessly connected to the rest of the world.<br \/>\n\u25c7\u201cDigiTrad\u201d service official website: https:\/\/standage.co.jp\/digitrad<br \/>\nEstablished: March 2017<br \/>\nRepresentative: President and CEO Akinori Adachi<br \/>\nCapital: 548,240,000 yen (including capital reserve of 272,620,000 yen)<br \/>\nURL: https:\/\/standage.co.jp\/<\/p>","protected":false},"excerpt":{"rendered":"<p>Responding to the increasing complexity of supply chains, STANDAGE Co., Ltd. (Minato-ku, Tokyo; President and CEO: Akinori Adachi; hereinafter referred to as STANDAGE), a developer and provider of digital trade platforms, is working to streamline business processes and improve resilience\u2026 <a class=\"more-link\" href=\"https:\/\/wp.standage.co.jp\/us\/2023\/04\/10\/%e8%a3%bd%e9%80%a0%e6%a5%ad%e3%81%ae%e8%aa%bf%e9%81%94%e6%a5%ad%e5%8b%99%e3%82%92%ef%bc%97%e5%89%b2%e5%89%8a%e6%b8%9b%e3%80%80%e5%b1%b1%e4%b9%9d%e3%81%a8%e5%85%b1%e5%90%8c%e9%96%8b%e7%99%ba%e3%81%ae\/\">Continue reading <span class=\"screen-reader-text\">Reduces procurement operations in manufacturing by 70% Launch of new service &quot;Logify&quot; jointly developed with Sankyu<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":4301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[46],"tags":[],"acf":{"en_news":{"custom_css":"","en_title":"Reduced procurement work by 70% in the manufacturing industry Started offering \"Logify,\" a new service co-developed with Sankyu","content":"<strong>Responding to Increasing Complexity of Supply Chains: Unifying Business Processes and Improving Resilience<\/strong>\r\n\r\n(Minato-ku, Tokyo; President &amp; CEO: Akinori Adachi; hereinafter referred to as \"Standage\"), a developer and provider of digital trade platforms, together with Sankyu Corporation (Chuo-ku, Tokyo; President &amp; CEO: Kimio Nakamura; hereinafter referred to as \"Sankyu\"), has launched a new service for the manufacturing industry called \"Logify\" to improve procurement efficiency for manufacturing parts. As the unstable global situation continues and the structure of supply chains becomes more complex, the importance of streamlining procurement operations is increasing for the manufacturing industry. By combining Standage's digital technology with Sankyu's logistics functions, this service not only streamlines the procurement workflow for manufacturers, from parts ordering and logistics to procurement, but also improves the efficiency of the procurement process.\r\n\r\n<strong>\u25a0Background of \"Logify\" Development<\/strong>\r\nStandage and Sankyu started a business partnership in March 2020, and have been jointly developing solutions to improve trade and logistics operations for some time, such as expanding sales channels and streamlining logistics processes in the manufacturing industry.\r\nMeanwhile, the recent instability in the global economy has prompted manufacturers to review their supply chains, which have become more complex and diverse, making it more important than ever to improve the efficiency and resilience of procurement operations.\r\n\r\nIn manufacturing procurement, it has become the norm to manage order placement, logistics, and payment operations using separate methods and systems. As a result, individual tasks and responses are required each time a process progresses, which has contributed to making procurement operations more complicated.\r\n\r\nAgainst this backdrop, Standage and Sankyu brought their respective strengths together, and with the cooperation of a major financial institution on the finance side, came to develop and offer \"Logify\u201d.\r\nThis service contributes to solving issues in procurement operations by unifying the contact points for different business processes and establishing a scheme that enables both companies to undertake and manage the entire procurement process together. In addition, by cooperating with major financial institutions, the service also enables timely procurement of funds necessary for parts procurement.\r\n\r\nIn a demonstration prior to the launch of the service, the introduction of this service successfully reduced procurement fees by 50% and procurement work time by 70%.\r\n\r\n&nbsp;\r\n\r\n<img class=\"aligncenter size-large wp-image-4460\" src=\"https:\/\/wp.standage.co.jp\/wp-content\/uploads\/2023\/04\/818c88654d3681ebe7b530534cf2d98a-1024x668.png\" alt=\"\" width=\"750\" height=\"489\" \/>\r\n\r\n<strong>\u30fbOutline of \"Logify\u201d<\/strong>\r\nThe service name \"Logify\" is a fusion and contraction of the words \"logistics\" and \"finance\".\r\nThe specific services and roles of the two companies are as below.\r\n\r\n<strong>\u30fbService Contents<\/strong>\r\n(1) Procurement services on behalf of the client: parts ordering, logistics and inventory management\r\n(2) Provision of financing services: payment with suppliers on behalf of the client, off-balancing of parts inventory\r\n\r\n<strong>\u30fbRoles of each company<\/strong>\r\nStandage: Arrangement of necessary trade documents and payment services as an importer\/exporter (using self-developed system)\r\nSankyu: Import\/export customs clearance, storage and all operations related to transportation\r\nPartner financial institutions: Provide usance through trade finance ( Credit transfer contract)\r\n\r\nStandage and Sankyu will contribute to the improvement of procurement operations in the manufacturing industry through the provision and expansion of the \"Logify\" service.\r\n\r\n<strong>\u25a0About Sankyu<\/strong>\r\nSankyu provides a wide range of logistics services, including international logistics, warehousing, and machine tools, as well as general harbor transportation and trucking services. Sankyu has many of Japan's leading manufacturing companies as major shippers, and in addition to logistics services such as packaging and inventory management, it also provides plant engineering services, including plant construction, installation, maintenance, renovation, and deconstruction. The company is a pioneer in the field of heavy-lift transportation and installation. The company also operates its own coastal container vessels. Together with Nippon Express and Nissin, the company is known as one of the \"Three Families of Chinese Logistics,\" with the ninth largest group annual sales in the domestic land transportation industry and more than 30,000 employees in the group as a whole.\r\n\r\n<strong>\u25a0About Standage<\/strong>\r\nEstablished in March 2017. In December of the same year, established an office in Nigeria, and in 2021, established local offices in Kenya, South Africa, and Egypt. Provides \"Digitrad,\" a comprehensive digital trade service that can complete all trade operations, from matching trade sellers and buyers to payment, finance, and cargo delivery. Developed a secure, inexpensive, and speedy payment system utilizing blockchain and crypto assets for payments in emerging countries. By utilizing the functions of a trading company and technology, we aim to realize a society in which small and medium-sized Japanese companies and the entire world are connected seamlessly.\r\n\u25c7Official website of \"Digitrad\" service: https:\/\/standage.co.jp\/digitrad\r\nEstablished: March 2017\r\nRepresentative: Akinori Adachi, President and Representative Director\r\nCapital: 548.24 million yen (including 272.62 million yen in capital reserve)\r\nURL: https:\/\/standage.co.jp\/"},"author":{"author_image":"","author_name":"","author_image_link":"","introduction":""},"production_published":true},"_links":{"self":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/posts\/4458"}],"collection":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/comments?post=4458"}],"version-history":[{"count":4,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/posts\/4458\/revisions"}],"predecessor-version":[{"id":4525,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/posts\/4458\/revisions\/4525"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/media\/4301"}],"wp:attachment":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/media?parent=4458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/categories?post=4458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/tags?post=4458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}