Win-Win Partnerships
Partnering Company
The word "partnering" provides a strong sense of unity between the parties involved. We go a step further than just "cooperation." This is Atomy's message of achieving the value of community through win-win partnerships.
Prospering Together
Growing together with our partnering companies is a core value that adheres to the principles of Absolute Quality Absolute Price. Atomy has a "One Company One Product" policy, which minimizes competition and allows our partners to focus solely on the quality and price of the products. Atomy ensures an adequate profit margin and offers full payment in cash upon delivery. For companies facing financial difficulties, Atomy provides support to cover the cost of raw materials and operations. Atomy's partnering companies are also given the opportunity to export their products to our global regions. If our partnering companies are successful, consumers can purchase quality products at affordable prices. If the companies gain consumers' trust, Atomy grows. And if Atomy grows, the partnering companies grow together with us. This is the culture of "Growing Together" that Atomy seeks to achieve.
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- Policy for Selecting Partners
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Atomy signs a contract with a partnering company after all minimum requirements are met. When selecting new products, Atomy prioritizes doing business with small to mid-size companies rather than large corporations, especially if those smaller enterprises have superior products but suffer from lack of capital. This is essential for prospering together with small to mid-size companies, creating jobs, and establishing the foundation of a fair society.
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- Policy for Purchase Price
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A general purchase price is determined after considering an order’s volume, quality of the product, specifications, payment period, price of materials, labor costs, and changes in the price of raw materials. The final purchase price is determined after negotiations take place for additional variables, such as management costs and the partnering company’s profits. A purchase price may be renegotiated as Atomy does not hesitate to provide support for the acquisition of raw materials or invest in facilities so our partnering companies are able to provide their products.
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- Support for Upgrading Quality
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Atomy seeks to improve the quality of products offered by our partnering companies by requesting a professional third party to inspect and enhance the manufacturing process. The costs of the inspection are paid by Atomy.
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- Support for Management Costs
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30.5billion KRW 2019-2023
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- Meeting with Partnering Companies
Atomy holds annual meetings with our partnering companies. These meetings serve as a platform where Atomy and our partners respect each other's roles on equal footing. We share ideas and brainstorm how to establish a solid company network in order to enhance the culture of "Growing Together." Participants include Atomy's top management and employees as well as the CEOs of the partnering companies. The meeting is an active forum where we discuss Atomy's long-term vision, policies for purchase and quality, company ethics, and culture. Every year, an Excellent Partner Award is given to one company as an expression of Atomy's gratitude.
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- Incentive Travel for Partnering Companies
Incentive travel is also offered to Atomy's partnering companies as an extension of our gratitude to them for delivering products of Absolute Quality Absolute Price. The CEO of the partnering company and Atomy's employees go on the trip together.