About
- Enhancement of competitiveness of our member companies by supplying high quality materials through group purchasing.
- Through direct transactions with POSCO, we have secured a base to provide more affordable materials in time.
Legal Basics
Article 6, paragraph 8 of the articles of association
Entitled Parties
Members of association
Covered Products
Steel products
- Logistics
center - Member company
- MAFC
Consumer/ company
Procedures
- Association member demand survey
- Assessment on demand item & quantity for group purchasing
- Contracting for purchase
- Material supply and receipt of payments
Time Line
- Material supply contract -> Demand survey -> Supply distribution -> shipment -> delivery -> arrival -> payment -> demand survey
- Processing period : normally takes 1 to 3 months depending on the product