Chapter 464
Monday came around .
Sponsored Content
Gun-Ho went to work at GH Mobile . It had been a while since he went there . When he arrived, he called for the executive officers for a meeting .
President Song, the research center's chief officer, the accounting director, and Director Jong-Suk Park from the production department attended the meeting .
"We don't have any claims filed, do we?"
"No, we don't, sir . I believe that Director Jong-Suk Park handles the production site very efficiently that we haven't received even a single claim yet . "
"That's good to hear . Oh, are you all aware that Director Park is now a father? He has a daughter . "
"Really? He should have told us . Director Park, you can brag about that kind of thing . We didn't know . "
President Song said to Director Park with a smile . Director Jong-Suk Park scratched the back of his head .
"That's why he has been acting like an all grown-up . "
When the general affairs director talked about what he observed recently, everyone in the office laughed .
Gun-Ho looked at the chief officer of the research center and asked, "Did we finish and send the mould to President Min-Hyeok Kim in China, that he requested?"
"We have completed the mould, but we are still in the testing phase for its product prototype . It seems that we will be able to send the mould to him by tomorrow . "
"Please make sure that you get the payment for the mould . "
"Okay, sir . I will ask the accounting director to issue a tax invoice for it . "
Gun-Ho then looked at President Song and said, "Our monthly sales revenue is around 700 million won, isn't it?"
"That's correct . We are currently in contact with L Group's factory in Changwon City . Their plant manager is a friend of our Director Yoon in Dyeon Korea . They went to the same high school and same college— Seoul National University even though they majored in different subjects . "
Sponsored Content
"I see . "
"Director Yoon introduced his friend from L Group to Director Kim . During the conversation with Director Kim, Director Yoon's friend mentioned about his company's new product development, and Director Kim didn't miss the opportunity to connect that person with GH Mobile . "
"Hmm . "
"So, I went to Changwon City to talk further with that person during your absence . "
"What did he say?"
"His response was positive, but he wants to send a team of inspectors to visit our factory before giving us any clear answer . "
"Here?"
"Yes . I think they will visit here sometime this week . "
"They will want to see our production site then . "
"Right . They will visit our production site and also our research center . Also, they will want to check our product quality control system . I already talked to the team leader of our quality assurance team and asked him to prepare the documents describing our preventive and corrective action process . I told him to bring the documents to me once they are ready, so I can review them . "
"Hmm, please be ready to answer for any questions that they might have, their decision maker would have plenty of information to base his decision on . "
"Understood . "
"Well, if you don't have anything else to talk about, let's get back to work . I need to go to Dyeon Korea . "
"Yes, sir . "
Sponsored Content
The executive officers walked out of Gun-Ho's office carrying their notebooks . Director Jong-Suk Park was the last person leaving the office, and Gun-Ho remembered that he had something to talk about to him .
"Oh, Director Park, hold on!"
Director Jong-Suk Park turned around .
"Close the door and come close . "
"What?"
"I met Mr . Sakata Ikuzo during my trip to Japan, and he asked me about how you're doing . "
"Oh, really? How is he doing?"
"He looked older than before, but he seemed to be healthy . He was happy to know that you have a daughter now . "
"Really?"
"He actually gave me a butterfly figure that he made with a piece of wood for your present . I forgot to bring it here today . It's at my home . I will bring it next time I come . "
"Haha . Sounds good . You don't have to rush though . "
"How's your baby? Did she grow a bit already?"
"Yeah . I gave the 1 million won to my wife, which you had sent to me to congratulate on the addition to our family . She made sure to thank you . "
"Really? It's nothing . "
"How's your life, bro? Are you getting along with your wife?"
Sponsored Content
"Haha . Yes . She is doing fine, and we are good . "
"It's good to be married, right?"
"That's how you feel?"
"Yeah, I love it . I always go straight home after work . "
"Now you know what has to be the top priority, huh?"
"Well, I will get back to the production site . I think I'd better start preparing the site for the visit of our potential buyer from Changwon City . "
"Sounds good . Keep up the good work!"
Gun-Ho went to Dyeon Korea and again had a meeting with the executive officers . Director Kim, Director Yoon, the internal auditor, Mr . Adam Castler, and the interpreter attended the meeting .
"Is there any change in our sales revenue?"
"Our current monthly sales revenue is 2 . 7 billion won . Since we recently added machine no . 13 and no . 14, we are expecting to see an increase in the sales revenue soon . "
"Let's request to ship us machine no . 15 and no . 16 as well . "
"Yes, sir . "
"I've heard about a potential business with the L Group's factory in Changwon City . Is there any update?"
"I was told that they would send their personnel to GH Mobile anytime soon . Once they give the green light to the business, they will ask GH Mobile to produce their products using Dyeon Korea's raw materials . And, if that works well, they will start asking their other vendors to use Dyeon Korea's raw materials to manufacture their products as well . "
"Hmm, that's really good . I hope everything works out with them . I was told that their factory manager is a friend of Director Yoon's . "
"That's right, sir . He is actually a very close friend to me . But he wants to be careful on this business deal, so he will make his decision based on their inspectors' opinion after their visit to our factory . "
"Of course . Oh, I talked with Dingding in China, and she is asking if you could lower the product cost . "
"They are getting our products for 4 . 5 million won per ton, aren't they?"
"That's correct . According to her, they are selling them for 4 . 8 million won which rendered 6 . 6% of percentage margin . She said that it leaves her nothing much once she pays for transportation fees . "
"Well, we will have to analyze the product cost first . "
"Take your time and let me know . "
"One thing that I'd like to point out is that the supply price is closely related with the international crude oil price . Our company buys raw materials from Dyeon America, and then we produce our own raw materials after going through our own process . Dyeon America's raw materials are derived from petroleum, and their price is greatly affected by the international price of the crude oil . "
Mr . Adam Castler added .
"The crude oil price is currently fluctuating because of the sanctions against Iran which were imposed by the U . S . The U . S . government is pressuring Saudi Arabia to increase its oil production in an effort to stabilize the price; however, if the oil price stays high as it is now, it would be hard for us to lower the supply price . "
"Hmm, that makes sense since all chemical products are inherently related to petroleum in some way after all . "
"I understand that the transportation cost is not marginal at all, especially for China because of its enormous size of the continent . We will carefully analyze our product cost again and try to come up with a solution to help the sales company in China . "
"Please do so . Mr . Adam Castler, why don't you visit the sales company in China? Dingding speaks English fluently, so you won't have any problem talking with her about our business . "
"The sales company is located in Suzhou City, isn't it? Suzhou City is a major tourist destination as well . I've always wanted to visit that city . "
"When you are ready to go on a trip there, please don't visit her empty-handed . You'd better bring a present for Dingding . She will welcome you more . "
"Haha . Understood, sir . "