Building a Fair-Trade Culture
We have introduced a standard retail contract for the food and beverage industry as recommended by the FTC(Fair Trade Commission of Korea). We also sign and implement fair-trade contracts, and have established our basic principles for trade with retailers to create a transparent and fair-trade culture, which we have instilled into our company rules. Also, we have set up a Dispute Settlement Deliberation Committee to handle disputes quickly, and formed a dedicated organization to value and respect the rights and interests of retailers.
Forming Horizontal Partnerships
We duly provide various communication channels to form horizontal partnership with retailers, and proactively employ online communication channels, namely our sales management system and mutual growth portal. In this vein, we listen to the voice of our retailers by conducting briefings, meetings, and surveys.
Support/ Fringe Benefit Policies
We provide low interest rates so retailers can get secure loans at discounted rates compared to the market rate and sustain their business operations.
Fund size | Interest rate discount | Loan period | Loan cap | Eligibility |
---|---|---|---|---|
KRW 10 billion | - 1.6% | 1 year | KRW 500 mil | Retailers recommended by Orion |
We help retailers formulate and share sales strategies to increase sales, and support them in running marketing events/ promotions and managing their facilities, trade accounts, and notes receivable.
Items | Details | Major Support performance in 2023 |
---|---|---|
Funeral Items | Delivery funeral goods and supplies: | 18 cases |
Wreath Support | Support for wedding and funeral wreaths | 21 cases |
Holiday Gifts | Holiday gift sets provided (twice a year) | 2 occasions (Lunar New Year/Chuseok) |
Uniform Support | Distribution of uniforms (twice a year) | 2 times (summer and spring/fall) |
Safety shoe Support | Support for safety shoes to prevent work-related injuries | on 1 occasion |
Dealer Signboard Support | Support for warehouse signboard production | 43 cases |
Winter Gear Support | Distribution of winter gloves (to prevent cold-related illnesses) | on 1 occasion |
Heat Illness Prevention Supplies | Support for electrolyte supplements for heat illness prevention | on 1 occasion |