Korea Federation of SMEs Holds Briefing on 'Cost Analysis Support Program for Preparing the Delivery Payment Linkage System'

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The Korea Federation of Small and Medium Business (Chairman Kim Ki-moon) announced on the 9th that it held an 'Explanation Session for the Cost Analysis Support Program in Preparation for the Delivery Price Linkage System' at the Federation's Yeouido office, targeting about 100 executives and employees of small and medium enterprise cooperatives and their member companies.

The 'Cost Analysis Support Program,' conducted for member companies of SME cooperatives, aims to strengthen cost management capabilities by supporting cost analysis of key products of small and medium enterprises in preparation for the delivery price linkage system, which will be fully implemented from October 4. The program is divided into two types of support: ▲Review of linkage system application requirements (30 companies, fully free) ▲General manufacturing cost analysis (5 companies, up to 3 million KRW support), and a total of 35 companies will be selected, with each company eligible for one type.

This explanation session focused on the 'Cost Analysis Support Program' and included practical training on laws related to the linkage system and the conclusion of delivery price linkage agreements. A Q&A session addressing SMEs' questions and difficulties regarding the system was also held.

Yang Chan-hoe, Head of the Innovation Growth Division at the Federation, stated, "Effective cost management of products is essential for SMEs to respond well to the delivery price linkage system," adding, "We will continue to make efforts to support the strengthening of cost management capabilities of small and medium enterprises."

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