KT Leading the Way in Delivery Payment Linkage System... Plans to Expand Transaction Amount to 50 Billion Won
Participation in Ministry of SMEs and Startups Win-Win Cooperation Policy... Joint Enrollment Ceremony
Promotion of Enrollment up to 2nd Subcontractors... First Among Telecom Companies
KT is expanding joint enrollment not only for partners but also for secondary contractors in preparation for the delivery payment linkage system to be implemented on the 4th of next month. This is the first case among the three major domestic telecommunications companies.
The delivery payment linkage system is a win-win cooperation policy that guarantees appropriate profits by reflecting the price increase corresponding to the rise in manufacturing costs in the delivery payment.
Cho Hoon, Executive Director of KT SCM Strategy Office, and Won Young-jun, Director of the Small Business Policy Office at the Ministry of SMEs and Startups, are posing for a commemorative photo.
View original imageOn the 20th, KT held a joint enrollment ceremony at its Gwanghwamun headquarters located in Jongno-gu, Seoul.
The joint enrollment ceremony was attended by KT group companies-partners and KT partners-secondary contractors. Along with KT Commerce, HCN, and KT M Mobile, group company partners such as Dongil Cable, Gwangmyeong Communication, and Innov participated. From KT partners, Gaon Group, Mercury, Dabolink, and secondary contractors Dream Electronics, Spimax, and Daesung HTM were listed.
As part of win-win cooperation between large and small-medium enterprises with its partners, KT has participated in the Ministry of SMEs and Startups' policy to expand the delivery payment linkage system. They held a 'Delivery Payment Linkage System Roadshow' with 45 affiliates and over 80 partners.
So far, a pilot delivery payment linkage system worth 35 billion KRW has been implemented with 28 companies, and the pilot application is being expanded to more than 50 companies and over 50 billion KRW, including group companies and secondary contractors.
Additionally, KT has established company-wide work processes reflecting the delivery payment linkage system and distributed an internal manual to the KT group. They plan to conduct on-site training to minimize confusion in the field and operate a help desk.
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Cho Hoon, Head of KT SCM Strategy Office, said, "After the law is enforced, we will promote the successful settlement of the delivery payment linkage system, a core government win-win policy, and furthermore, under the recognition that the competitiveness of partners is KT's competitiveness, we will support partners to continuously grow into strong small and medium-sized enterprises."
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