Namyang Dairy Products to Advance Payment of 11.2 Billion KRW to Partners Ahead of Lunar New Year Holiday
'Clean Myeongjeol Campaign' Also Underway
[Asia Economy Reporter Lim Hye-sun] Namyang Dairy Products announced on the 9th that it will advance the payment of 11.2 billion KRW in transaction funds to its partner companies ahead of the Lunar New Year holiday.
Namyang Dairy Products implemented early payment before the scheduled payment deadline to support its partner companies ahead of the holiday. Additionally, it is conducting a 'Clean Holiday Campaign' that includes prohibitions on money and gift exchanges during the holiday period.
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Meanwhile, since 2013, Namyang Dairy Products has completely improved its ordering and return systems to fundamentally prevent forced pushing in the industry. It is also leading win-win management activities such as strengthening the bargaining rights of dealership groups and implementing the 'Shared Profit Cooperation System.'
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