Productivity and Sales Growth Achieved through POSCO’s Shared Growth Support Group Smart Factory Consulting
Eco-Friendly Composite Materials Developed through Performance-Sharing and Technology Collaboration Originating from an In-House Venture
As POSCO carries out a wide range of shared growth programs with its partner SMEs, a model case of win-win cooperation driven by smart factory initiatives and the performance-sharing system is drawing attention.
Despite challenges such as global oversupply, weak demand, and protectionist trade policies, POSCO operates under the management philosophy that building a sustainable supply chain is directly linked to strengthening the competitiveness of Korea’s steel industry. Based on this belief, the company is actively working to enhance management capabilities, product quality, and productivity of small and medium-sized partner companies.
In particular, POSCO provides strong support to SMEs through programs such as the Shared Growth Support Group, which offers solutions to address operational challenges; the Smart Capability Enhancement Program, which strengthens innovation capacity and advances intelligent manufacturing processes; and the Performance-Sharing System, under which POSCO and SMEs jointly carry out projects and share the outcomes.
Now marking its fifth year since launch, the POSCO Shared Growth Support Group is a specialized SME support organization composed of POSCO employees with an average of more than 25 years of experience and expertise across various fields…
