Support Program for Supplier
Strengthening Basis for Management Stability
In order to improve the management stability of suppliers, Coway has supported not only financial support but also the participation in overseas exhibitions.
| Fund Support |
Operate support systems of KRW 20 billion scale win-win fund and KRW 3 billion upper limit fund with no interest |
Payment Condition Improvement
|
After 2013, pay in 100% cash within 10 days at delivery |
| Delivery Unit Price Adjustment |
Reflecting the price increase of raw materials, adjust the delivery unit price within 30 days if supplier requests |
| Payment Method |
Cash(cashable) payment ratio 100% |
| Sale Expansion |
To expand the sales of partners, support joint marketing and participation in overseas exhibitions |
| 2015 Performances |
- Total support amount : KRW 22.85 billion
- Payment Condition Improvement : 9.86 days
- Payment Method : 100% (Cash)
- Overseas exhibitions: held 3 times
- Purchase consultation: participated 2 times
|
Supporting Growth Infrastructure
Coway has developed various activities to strengthen the infrastructure by supporting not only training and technical support but also hiring excellent talented people to grow continuously.
| Training |
Operate training course to foster talented people for each class and competency of suppliers |
Technical Support and Protection
|
Support technology and operate protection program to secure the technical competitiveness of suppliers |
| Recruit Fair |
Support a manpower training course for new manpower recruit fair to support hiring talented people |
| Carbon Partnership |
Establish a green partnership to support the reduction of carbon emission |
| Reliable Technology Support |
Support reliability related technology such as part test and failure analysis |
| 2015 Performances |
- Total trainees : 960 people
- Total support amount : KRW 438 million
- Joint development : 12 cases
- Technology protection : 8 cases
- Recruit : 6 companies
- Manpower support : 20 companies
- Support for Suppliers installation Solar Power : 2 companies
- Productivity : improved 33%
|
Win-win special force of Coway is an activity operated with a purpose to support a necessary competency to supplier and to strengthen competitiveness. It is a representative technology support activity that improves weak points at fields by dispatching Coway’s employees to our company for two months. In 2015, Win-win special force of Coway had paid a visit to our company for two months to develop sustainable productive innovation. Win-win special force of Coway is an activity operated with a purpose to support a necessary competency to supplier and to strengthen competitiveness. It is a representative technology support activity that improves weak points at fields by dispatching Coway’s employees. through this, they strengthened manufacturing competitiveness much higher.
Chun-man Lee
CEO, SAMWOON Inc.
Main activities
