Governance

Customer management3.4.5

Hyundai Steel continuously provides solutions that can maximize value for our clients and strives to respond swiftly to their needs. We are actively communicating with our customers, and strengthening our competitiveness by expanding our global product sales. In particular, we are continuously investing in high-quality products and strengthening our brand marketing to focus on sustainable growth.

Mid- to Long-term Business Vision

VISON
Ensure business survival and sustainable profits
  • Optimize Current Business
    Optimize Sales mix and restructure sales structure
  • Build Foundation for Future Business Competitiveness
    Respond to dynamics of new business and changing market trends
  • Improve Systems for Sustainability
    Strengthen organizational alignment and employee capabilities

Customer Satisfaction Surveys

Every year, Hyundai Steel conducts a customer satisfaction survey, based on which we minimize customer attrition by identifying satisfaction levels, analyzing customer needs, and implementing measures for improvement. In 2021, the survey was conducted on 345 domestic and overseas client companies across approximately seven weeks, in order to assess their satisfaction with doing business with Hyundai Steel in 2020. This survey included items such as ease of doing business, delivery and pricing policies, customer orientation, and support on quality and technology. The results showed that 79.1%, or 273 client companies, were 'satisfied' with 'convenient transactions, delivery scheduling and pricing policy, customer orientation, and quality technology support', marking a 1% increase from the previous year. Going forward, we will continue to reflect on customer satisfaction in order to address customer complaints and set directions for marketing strategies, as well as to ensure practical marketing activities are well aligned with the field.

Customer Support Systems

Hyundai Steel engages in a wide range of customer support activities to increase customer satisfaction and maintain strong relationships with our customers. We are communicating with distributors and end-use customers through regular visits and roundtable meetings to foster mutual understanding. In 2020, in a bid to help our customers cope with the COVID-19 pandemic, we delivered masks to both our domestic and overseas customers, and presented awards to our top customers.

Donation of Masks for Domestic and Overseas Client Companies

Throughout the prolonged COVID-19 pandemic, Hyundai Steel has been supporting client companies in Korea and overseas(United States, Canada, Mexico, etc.) by producing and distributing our own anti-droplet face masks. Since 2020, we have been delivering masks to our domestic client companies on a regular basis.

Awards for Top Client Firms

Hyundai Steel hosts a New Year's event every year as part of our effort to improve and strengthen the relationship with our customers. In 2020, the invitation event was canceled due to COVID-19, and only the award ceremony for our top clients was held. At the ceremony, we presented awards in each product category to our top customers, long-standing customers, and high performing customers with increased sales, as well as to their employees.

Customer Technology/Quality Exchange Meetings

Hyundai Steel strives to secure win-win growth with its clients by holding regular technology and quality exchange meetings. Through these sessions, we process customer complaints and manage claims. In 2020, we provided training on 'rebar manufacturing process and quality standards' to enhance our customers' technical capabilities.

Customer Support System

Hyundai Steel provides a range of customer support schemes as part of our continuous efforts to build relationships with our customers. In 2020, we provided snack delivery services, gifts on the anniversary of the foundation of the customer company and the birthday of the representative, and supported supplies for funerals when an employee suffered a personal loss, to 234 domestic customers and 10 export companies.

Business Exchange Meetings/Roundtable Meetings

To reinforce our understanding of our customers and strengthen trust, we hold business exchange meetings and luncheon meetings with large end-user companies and major distributors in each region. In 2020, we visited and held luncheon meetings with four companies in the Jeolla region, five in the Busan area, seven in the Chungcheong region, and four companies in the Daegu area.

AE Technology Service Portal

In January 2020, Hyundai Steel opened the AE(Application Engineering) technology service portal site, and we have since strived to increase our competitiveness and secure a dominant position in the future automotive material market. The AE technology service portal represents Hyundai Steel's unique business strategy that seeks to 'maximize the competitiveness of customers by creating and providing differentiated value in all processes, from the stages of planning and design to production and sales'. On the AE Service Portal, the 'H-Solution' brand, launched in April 2019 as a customized automotive solution, offers a snapshot of the technologies needed for the application of automotive steel materials and parts. In particular, we prepared a separate website designed to enhance customer service, enabling users to check the status of steel grade certification and request technical support at any time. Our mobile app offers a convenient way of using the same services via smartphone. This platform has improved our internal work efficiency and is also expected to leave strong impression with our customers with respect to our high-quality automotive materials, technology and services.

Launch of 'Zero Complaint' System

To enhance customer satisfaction, Hyundai Steel promotes a company-wide claim campaign that facilitates our transition from production and quality control centered on existing indicators, to quality control focused on customers. This is a company-wide initiative for innovation, aimed at coping with increasing competition in the global steel market and market economy uncertainties amid the COVID-19 pandemic, as well as for rapidly responding to various demands from our customers. The core of this initiative is to go beyond the traditional KPI-based1) quality management and follow-up measures, and focus company-wide efforts on improving the quality management system by analyzing customer and market needs in advance. To make this transition, we devised three main strategies: 'Transformation to Customer-centered Production and Quality Management', 'A Quality-focused Mindset across All Departments', and 'Customer-centered Proactive Work Processes'. We plan to implement specific measures to promote a company-wide quality mindset, strengthen customer-centered activities, change our claims management policies, and enhance management processes. Hyundai Steel plans to implement a 'Company Claim Campaign' throughout the year and share the results company-wide at the end of the year. Through successful reforms, we will overcome the current business challenges and lead the global steel market.
  • 1) Key Performance Indicator
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서울시 서초구 헌릉로 12 TEL 02) 3464-6114 FAX 02) 3464-6060

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