Win-Win Growth

We will lead the win win growth with the mission
“the growth of partners equals to
the competitiveness of Nongshim”.

Direction for win-win growth

Forming Fair Trade Culture

To promote fair subcontracting, we have established four guidelines and reflected them in the company regulations, and comply with them. A subcontracting internal review committee has been formed and operated to expedite the legality of subcontracting transactions and to promptly deal with disputes, and establish a company-wide fair trade culture by organizing a department dedicated to fair trade. In addition, we promote the culture of fair trade across the company by providing training on subcontracting laws regularly.

Establishing a voluntary system for fair trade

Establishing a compliance management system, providing internal education, and organizing a department dedicated to promoting fair trade

Enhancement of transparency and fairness in business relations

4 practical matters, introduction of standard subcontracting/agent contracts, operation of the internal council

Forming a horizontal network

We are preparing a variety of places for exchanges to build a horizontal network with business partners. We will always listen to the voices of our suppliers by holding meetings for win-win growth, providing consultations on sites, and making VOC section on the website. In addition, we will continue our efforts to produce outcome through joint efforts with suppliers by holding win-win growth seminar for food safety.

Reinforcement of horizontal networking

Purchasing information system, electronic ordering system, VOC for partners

Various communication programs

Win-win growth meetings, win-win seminars, factory tours, counseling on site.

Win-win cooperation program
금융 지원Financial
support

In order to resolve the financial difficulties of suppliers, one of the best payment conditions in the industry was introduced, and a win-win fund was established.
It provides discounted interest rates. In addition, by contributing funds to the Agricultural and Fishery Cooperation Foundation for Small and Medium Enterprises, we are operating a variety of programs for mutual growth between large companies and SMEs.

기술혁신 지원Technical innovation
support

We share the profit to apply jointly developed technologies to products by implementing R&D type profit sharing system and support food analysis technology. We are providing support for human resources and online & offline training programs for food hygiene and quality stabilization. In addition, we are providing various technical supports such as supporting tech escrow fee and free of charge transfer of patent to protect the technologies of SMEs.

성장인프라 지원Support for
growth infrastructure

We provide consulting for SMEs to strengthen their self-sustainability through innovative partnership projects and provide direct support to improve working environment and conditions. In order to revitalize the economy in rural areas, we are making efforts to improve the working conditions of farmers and fishermen by expanding the purchase of domestic raw food and contributing to the Rural Community Cooperation Fund.

금융 지원Financial
support

In order to resolve the financial difficulties of suppliers, one of the best payment conditions in the industry was introduced, and a win-win fund was established.
It provides discounted interest rates. In addition, by contributing funds to the Agricultural and Fishery Cooperation Foundation for Small and Medium Enterprises, we are operating a variety of programs for mutual growth between large companies and SMEs.

기술혁신 지원Technical innovation
support

We share the profit to apply jointly developed technologies to products by implementing R&D type profit sharing system and support food analysis technology. We are providing support and online and offline training program for food hygiene and quality stabilization. In addition, we are providing various technical supports such as supporting tech escrow fee and transfer of patent for free to protect the technologies of SMEs.

성장인프라 지원Support for
growth infrastructure

We provide consulting for SMEs to strengthen their self-sustainability through innovative partnership projects and provide direct support to improve working environment and conditions. In order to revitalize the economy in rural areas, we are making efforts to improve the working conditions of farmers and fishermen by expanding the purchase of domestic raw food and contributing to the Rural Community Cooperation Fund.

Financial support to improve financial stability

improvement of payment conditions, creation of a win-win fund, contribution to a win-win cooperation fund

Development of support programs to improve the capabilities of business partners

direct and indirect support such as consulting, human resources/education/technology, profit sharing, welfare benefits, etc.

4 things to be followed for fair trade (subcontract)

Nongshim is striving to establish a fair and transparent
business relationship with business partners and create
a culture of win-win cooperation by introducing/operating the four actions suggested by the Fair Trade Commission.
  • Guideline on the Installation and Operation of Internal Deliberation Committee for Subcontract
  • Guideline on the Issuance and Preservation of Documents
  • Guideline on the signing a contract with vendors
  • Guideline on the selection of vendors
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