KOSPO Leads Win-Win Strategy with SMEs
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KOSPO Leads Win-Win Strategy with SMEs
Korea Southern Power Co. (KOSPO) has announced the 2012 list of the best suppliers in line with its efforts to create business models of collaboration and promote win-win management with SMEs.

25(Mon), Feb, 2013

Korea Southern Power President Lee Sang-ho poses for the camera with KOSPO's 
"best suppliers of the year 2012" after holding a ceremony to 
designate the best suppliers and present awards to them on Jan. 10. 

KOSPO held a ceremony to designate the best suppliers of the year 2012 and present awards to them on Jan. 10. Under the KOSPO Best Supplier System, in place since 2006, the power company each year selects and awards its cooperative partners that have achieved remarkable achievements by localizing power equipment and components, cutting down on production costs, developing new technologies, and introducing new engineering methods. The cooperative partners that receive awards are given support in acquiring new technology, quality and industrial patent certification, fees for education commissioned to specialized institutions, and additional points in the selection of exhibition participation beneficiaries. 
The selected best suppliers of the year 2012 in the equipment and component category are KNTEC, Dongsuh, PNC TECH, Korea Air Conditioning Tech Co., and J-E TECH. Jungam E&C is KOSPO’s best supplier in the construction subcontractor category.
At the ceremony, KOSPO President Lee Sang-ho stressed cooperation from SMEs in achieving its goal of becoming a global top 10 power company and called for the present cooperative partners to suggest ideas for improving management conditions for SMEs.
KOSPO, which has so far promoted a 2-Wins strategy between the power company and cooperative partners, is now implementing a 3-Wins strategy among the power company, cooperative partners, and the state & people, a KOSPO official said.
KOSPO plans to pursue the commercialization of core power parts developed under its own R&D projects and provide one-stop support, such as support for market exploration to foster world-class companies. 

KOSPO President Lee said in his New Year’s message, “With the inauguration of the new government, a variety of policies on such issues as integration, co-existence, and change and innovation are forecast to be implemented, and the public sector will be required to pursue management efficiency and co-prosperity to an unprecedented extent.”
“Deep-rooted trees can endure strong winds, and manpower and technology capabilities are the two core roots for corporate growth,” Lee said. He added that his company will solidify a foundation for sustainable growth by developing manpower and innovating technology. He noted that KOSPO plans to implement a more specific and innovative manpower development project for fostering manpower who can be engaged in active and dynamic activities on the global stage. 
President Lee said KOSPO will devote itself to yielding tangible results in pushing for the so-called KOSPO Amazon Tech Project, calling for securing six core technologies, including carbon capture and storage, synthetic natural gas technology, low-energy combustion technology, and wind power generation technology. 
KOSPO will implement construction projects for expanding electricity capacity in Samcheok, Andong, Daegu, and Yangju, including ones for renewable energy, without a hitch, Lee said. In particular, KOSPO will throw its heart and soul in implementing the Samcheok Green Power Project with the goal of making the projected plant the one with the world’s lowest power generation costs and Korea’s exporting model, he added.
Since its establishment, KOSPO has overcome lots of difficulties and management crises, and KOSPO will continue to work hard toward the goal of becoming a global top 10 power company, Lee said. 
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