Mutual Growth Governance

Hyosung Heavy Industries will establish a virtuous cycle of growth programs based on the belief that the competitiveness of partners is the key to the sustainable growth of the company’s business. To achieve this, we will assist our partners in developing new products and entering new (domestic and international) markets to increase sales, establishing a stable supply and demand system, enhancing technology and quality, and providing training support for innovation in productivity, thereby building a firm and robust relationship. Hyosung Heavy Industries, as a body with a common destiny with its partners, will establish a win-win system for shared growth by fostering close cooperation and enhancing competition.

Supplier Management Organization

At Hyosung Heavy Industries, each business site's purchasing department is responsible for the overall management of partners. In addition, we've established and are operating a Corporate Partnership Team to listen to partners' challenges and suggestions in order to facilitate mutual growth. Moreover, we encourage our partners to participate in research conducted jointly by the Hyosung Power & Industrial Systems R&D Center so as to improve their technological capabilities and competitiveness.

Mutual Growth Organizational Chart

• Overall
  Management
  • Chief Strategy Officer
• Planning
  • Corporate Partnership
    Team
    • Management
      Strategy Office
• Legal Affairs
  • Legal Compliance Team
    • Support Office
• Construction
  • Outsourcing
    Purchasing
    Team
    • Construction
      Partner
      Management
• Hyosung Heavy Industries
  • Strategic Purchasing Team / Construction Purchase Team
    • Power & Industrial
      Systems Partner
      Management
  • Power Purchasing Team / Development Purchase Team / Purchasing Team
    • Changwon Plant
      Partner
      Management

Mutual Growth Program

Hyosung Heavy Industries and its partners are co-creators of the future as a single entity with a common destiny. We will establish a virtuous cycle of mutual growth policies based on the belief that the competitiveness of partners is the key to the sustainable growth of the company's business. Through smart factory support for quality improvement, productivity improvement, and management innovation, as well as technical support and training required by partners, and improvement of the workers' work environment, we will build more solid and robust partnerships. As a body with a common destiny with its partners, Hyosung Heavy Industries will establish a reciprocal system by pursuing mutual growth through communication and close cooperation.

Hotline

If you have any questions or comments about Hyosung Heavy Industries' mutual growth initiatives, please contact the below contact details.