Kimberly-Clark Worldwide, Aekyung Industries, Woori Bank, Daegu Bank, Dongwon F&B, Fursys, Lotte Confectionery, Haitai Confectionary & foods, Home Plus (Samsung Tesco), Hanssem, Jangin Furniture, Taehan Electronic Wire, Dongkuk Steels, Daelim Industrial Company, Renault Samsung Motors & . What all of these corporations have in common is that they outsource their MRO, meaning their purchase of corporate consumable resources, to the biggest MRO e-marketplace company in Korea , iMarketKorea ( www.imarketkorea.com CEO Man-Young Hyun).
iMarketKorea is a B2B electronic commercial transaction company established by Samsung Group in 2000 to save on the purchasing cost of indirect resources, and to improve the efficiency of the purchasing process. Since then, with the largest transaction amount in the domestic MRO market, a superior system and unique purchasing know-how, they have broken the 2 trillion won barrier for the first time in the domestic e-marketplace, have grown at a rate of 30% each year, and have received praises for leading the domestic B2B electronic commercial transaction industry by managing the purchase of indirect resources for many Korean companies.
Eun-Hyeok Lee of Mega-mart, who has outsourced their purchasing to iMarketKorea since 2004, points out that a purchase outsourcing is not a choice but a necessity. He also says that the biggest advantage of using iMarketKorea is their efficient system, which allows one to accurately pinpoint invisible costs and perform efficient processing. Do-Hyung Kim of the COEX financial team said that using the electronic bid service of iMarketKorea has reduced the administrative workload, which in turn has greatly increased efficiency.
iMarketKorea has established a system which gives satisfaction to both the buyer and the supplier, and owns a cost-effective purchase portfolio per item, starting from purchasing through an electronic catalogue listing over 400,000 items, a reverse-auction service effective for large, serialized purchases, an original resource purchase agency and the W-Mall and MRO shopping mall for small to medium-sized companies.
Daegu Bank has been purchasing women's uniforms over a mass agreement clause for decades through iMarketKorea's reverse auction system, allowing them to save 20% as well as to greatly increase the satisfaction of their employees. More recently, Daegu Bank has started to use iMarketKorea's online auction service for various items, including electronic items, security items, public fee collector, service network devices as well as for construction projects such as elevator construction and the selection of a construction company for layout.
In particular, the AI purchase system, which is the first of its kind in the world, has established a fair and trustworthy purchasing process, and has become a benchmark for many international companies looking for transparent management. It was selected as a best case by ISM ( Institute of Supplier Management ), a US purchase management association, which is a first for a Korean company.
Also, by establishing networks with many world firms and marketplaces, and setting a course for small-medium domestic companies to expand their business overseas, the company is improving as a Global First-Class e-marketplace. Such efforts have allowed the company to reach landmarks of 3 million and 10 million exports, a first for an e-marketplace.
Internally, purchase personnel have begun to acquire CPM (Certified Purchasing Management) certification, a globally recognized purchase professional license, and the company currently employs the largest number of such license holders in the industry. With their unique purchase consulting service, the company strives to offer logical and strategic purchases.
With optimum know-how, integrating close customer support, premium service organization and an internal classification center, iMarketKorea offers optimal customer service along with cost savings through lower prices, improvements in purchase process, reductions in purchase time and rapid classification. Affiliates can expect increased sales, improved profits, rapid and convenient information exchange, a transparent transaction process and reductions in sales processing prices.
Man-Young Hyun, CEO of iMarketKorea said, "The number of companies using MRO outsourcing is increasing, as it allows them to save costs as well as decreased their work load through an efficient process, allowing personnel to concentrate on what is important. It also enhances the transparency and fairness of industry selection process. With experience and knowledge as our basis, we will enhance customer satisfaction by providing better service as a global player. |