Coway Holds 'Payment Linked Pricing Roadshow' with Ministry of SMEs and Startups

Explanation Session on Delivery Payment Linkage System for Partners
Encouraging On-site Adoption of Delivery Payment Linkage System and Joint Participation of Partners

Coway (CEO Seo Jang-won) announced on the 21st that it held a 'Delivery Price Linkage System Roadshow' for its partner companies at Coway headquarters located in G-Tower, Guro-gu, Seoul, in collaboration with the Ministry of SMEs and Startups.

The Delivery Price Linkage System is a system that reflects fluctuations in the prices of major raw materials of goods supplied by subcontractors to consignees in the delivery price when the price changes beyond a certain level, thereby reducing the burden on small and medium-sized partner companies.

About 100 people, including Kim Ki-bae, Head of Coway Purchasing Office, and representatives of Coway partner companies, attended the briefing session jointly hosted by Coway and the Ministry of SMEs and Startups. In addition, Han Jae-seon, Team Leader of the Delivery Price Linkage Expansion Support TF, was present to explain the Delivery Price Linkage System and provide necessary information to consignees and subcontractors.

On the 21st, Kim Ki-bae, Head of Purchasing at Coway (fifth from the left in the first row), and representatives from partner companies attended the "Coway Partner Company Payment Linkage System Roadshow" held at Coway headquarters in G Tower, Guro-gu, Seoul, and took a commemorative photo.

Coway participates as a companion company in the Delivery Price Linkage System for mutual growth with its partner companies. This briefing session was prepared to encourage partner companies to jointly participate in the Delivery Price Linkage System and to help executives and practitioners of partner companies understand it.

Before the implementation of the Delivery Price Linkage System, Coway has been proactively operating the system for some partner companies since last year. In the future, Coway plans to conduct a preliminary demand survey for partner companies related to the Delivery Price Linkage System and increase participation through continuous consultations.

Kim Ki-bae, Head of Coway Purchasing Office, said, "As a companion company of the Delivery Price Linkage System, we organized this briefing session to alleviate the burden on partner companies and build a mutually responsible cooperative relationship," adding, "Coway will continue to strengthen win-win cooperation and make every effort to achieve mutual growth based on a solid partnership with partner companies."

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