Woori Technology Signs VMI Agreement with Korea Hydro & Nuclear Power for Nuclear Power Plant Components
Woori Technology announced on the 10th that it has signed a Vendor Managed Inventory (VMI) agreement with Korea Hydro & Nuclear Power (KHNP). Under the agreement, Woori Technology plans to supply certain components for nuclear power plant control and instrumentation as early as next month. Vendor Managed Inventory is an inventory management model in which a supplier pre-stocks critical components based on customer demand forecasts and delivers them quickly upon customer request. The customer pays the corresponding procurement costs only after the components are put into use. This agreement primarily covers long-term inventory management and supply arrangements for components related to nuclear power plant control and instrumentation systems supplied by Woori Technology...
2026-08-10
