International Systems Technology Co., Ltd. was established in December 2004, with 80% of shareholdings owned by IBM and 20% by Great Wall. It is headquartered in the Science and Industry Park of Shenzhen, with procurement support from IBM China Procurement Center. ISTC also has export manufacturing base with an area of more than 40,000 square meters in the Shenzhen Futian Free Trade Zone. ISTC has more than 2000 employees and it is the strategic fulfillment and manufacturing site for System x, System p and RSS in IBM. By doing multiple brands, IBM expects us to find synergy and efficiency in the process resulting in an increase in customer satisfaction and quality and also a decrease in cost. ISTC is witnessing globalization and collaboration on an unprecedented scale. We have a MISSION that requires Innovation, Change and Continuous Improvement! First established in 1996, and licensed as a 100% IBM owned subsidiary in March, 2004, the IBM China Procurement Company (CPC) is headquartered in Shenzhen. CPCs mission is consistent with that of IBM Global Procurement, our parent organization to build the worlds first on-demand supply chain requiring optimized processes and integrated systems that extend to customers and suppliers. CPC is providing production procurement, general procurement, distribution procurement, global logistic procurement, market intelligence, and procurement consulting services for IBM on a global basis. We will accomplish this by leveraging the skills of our people globally to form a tightly integrated team that achieves industry-leading cost, flexibility, quality, and technology throughout IBMs supply chain, end-to-end. As IBM procurement headquarter move to Shenzhen, China continues to grow in significance and size to IBMs overall supply chain operations, CPCs responsibilities are inherently growing larger.
ISTC and CPC focus on developing a strong management team backed by experienced employees. Through a nurturing and achievement-oriented environment, ISTC and CPC encourage employees to participate actively in company growth. As the result, ISTC and CPC will be a driving force behind IBMs transformation into the worlds first on-demand supply chain |