Chapter 548 - Indemnity Report of Supply (2) – Part 1
When Gun-Ho was getting ready to get off work that day, he received a call from President Song.
“I just finished my meeting with the plant manager at A Electronics’ factory in Dangjin City.”
“Well done. What did he say?”
“He gave us several product molds. Since these molds are owned by A Electronics’ factory in the Danjin City location, they leased them to us. He asked us to make a few sample products using them first.”
“What about the volume of their product orders and their prices?”
“He said that since these products are the parts of their exporting products, they would need a high volume of them. They will probably need 100,000 pieces per each product on a monthly basis. There are five different products.”
“Really?”
“Their unit price is in the range between 4,500 and 6,500 won. This price is from last year, so we should expect a bit higher unit price reflecting the increased labor cost. And, I want to recalculate it to see how much we should expect if we use the raw materials from Dyeon Korea.”
“So, since there are five of them, we will be making around 2 to 3 billion won per month.”
“It would be 2.75 billion won to be exact.”
“That will make 33 billion won per year. Wow, that’s great.”
“Since we already have the molds for these products, we can produce the sample products even tomorrow. Once we bring the sample products to them, they will perform a test on them. Once they do, they will send their personnel to us to look around our factory. We can sign the supply contract afterward.”
“Hmm, I see.”
“Some of these products require assembly work with the parts manufactured by another A Electronics’ designated company. According to Director Jong-Suk Park, who was with me during the meeting, we don’t need to outsource this assembly work, but we can organize an assembly team within our factory and do the assembly work ourselves. That way, we would be able to produce those products faster.”
“Hmm, is that so?”
“For the moment, Director Jong-Suk Park undertook the sample product production, and he will bring them to A Electronics once they are ready. It was a good idea that I went there with Director Park. He quickly figured out the cause of their defective products previously supplied by their former vendor company. He said that the bubbles on those parts were created during the refrigeration step. The problem was that they refrigerated them when the parts were still at a high temperature. Manager Chang-Hoon Seo in the sales department wouldn’t have figured that out.”
“I wonder if his daughter has grey hairs too.”
“Hahaha.”
A congressman teased the minister.
Minister Lee handed a bunch of wedding invitations to Gun-Ho and said, “Please distribute these to the class.”
Gun-Ho began to hand out the wedding invitations to the class. Since many of the students there were in their mid or late 50s, they often saw someone’s daughter’s wedding rather than someone’s son’s wedding.
Minister Jin-Woo Lee added, “Umm, it had been eight months already since we studied together.”
A mischievous minister chipped in, “Did we study here? We’ve been actually having fun here for the past eight months.”
Gun-Ho could hear people laughing here and there.
Minister Lee didn’t seem to mind some stupid comments, and he continued to talk, “Ever since I undertook this position as a class president, I don’t believe that I have done much for the class. And also… after about four months, we will graduate by obtaining our certificate for this course. By then, we won’t have a class or anything where we could see each other. I want this class to go on like friends. Even though we are too busy to be at one place frequently, I’m suggesting meeting maybe once or twice per year. We can get together sometimes and talk about how things go in our lives while having a drink. What do you all think?”
“I’m in!”
“That is the best thing that you have ever said ever since you became our class president.”
The students clapped.