Taekwang Industrial Completes 'Smart Creative Proposal' Championship Finals

[Asia Economy Reporter Hwang Yoon-joo] Taekwang Group's textile and petrochemical affiliates, Taekwang Industrial and Daehan Chemical Fiber, announced on the 30th that they held an end-of-year grand championship and awards ceremony for the establishment of the 'Smart Creative Proposal System' through a non-face-to-face online event. The 'Smart Creative Proposal' system is a method where on-site employees directly identify inefficient work processes and organizational cultures within the company and propose improvement ideas. It has been conducted once a month since August of this year.

At this event, about 100 ideas proposed throughout the year were evaluated in categories such as feasibility, effectiveness, and creativity. Winners were selected in the Excellent Proposal category and the Innovation Department category, awarding grand prizes, highest excellence awards, and excellence awards respectively, along with prize money and awards worth approximately 5 million KRW each.

The winning work for the Excellent Proposal category was the "Container Maritime Freight Cost Reduction Plan," and in the Innovation Department category, the Management Support Office, which had a total of 13 ideas adopted, won the grand prize, contributing to cost reduction and work efficiency within the company.

Taekwang Industrial and Daehan Chemical Fiber have selected core smart work tasks related to 'work, organization, and infrastructure' and have been implementing various activities since February to improve inefficient work, including the flexible working hours system called the 'Smart Work System' and promoting paperless initiatives for cost reduction and reporting system efficiency.

A Taekwang Industrial official stated, "This event was prepared to carry out internal and external smart innovation activities," adding, "We will continue to actively listen to employees' fresh and efficient ideas and continuously improve inefficient work across the entire company."

This content was produced with the assistance of AI translation services.