Korean Publishers Cooperative

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Korean Publishers Cooperative
한국출판협동조합
Type Cooperative
Industry distribution of publication
Founded1958
HeadquartersSeoul office : 448-6, Sinsu-dong, Mapo-gu, Seoul
Paju office : 202, Ogeum-ri, Tanhan-myeon, Paju, Gyeonggi
Key people
Kim Jung-yung (Chairman)
Hong Sung-de (executive director )
Subsidiaries Korea Publishing Logistics Co.Ltd.
Website Korean Publishers Cooperative

The Korean Publishers Cooperative was established in 1958. It is the nation's sole public-profit oriented book distribution center authorized in 1962 pursuant to the Enforcement Decree of the Small and Medium Enterprise Cooperative Act. A total of some 813 domestic publishing companies have joined this cooperative as members to seek development in the publishing culture and information industry, promote mutual welfare among members, and operate joint business. Books and other publications are distributed through approximately 500 bookstores and cooperatives across the nation. The cooperative chairman is Kim Jung-yung (2008 ~ present).

Contents

History

Korean Publishers Cooperative
Paju Logistics Center and office Kpl.jpg
Korean Publishers Cooperative
Paju Logistics Center and office
Korean Publishers Cooperative
Paju Logistics Center Kpcc.jpg
Korean Publishers Cooperative
Paju Logistics Center

Korean Publishers cooperative

Established in 1958 (46 member companies with headquarters in Insa-dong, Jongno-gu, Seoul) with warehouse located in Paju Book City for joint sale of publications.

Commencement of business

[1]

Major business

Book distribution

The publishing industry is suffering from the ever-increasing shortage of warehouse space, distribution facilities and workforce. To protect member companies from such difficulties, the Korean Publishers Cooperativeformed a unified supply system for the joint storage, delivery and marketing. All books published by member companies are distributed to all bookstores in the nation only through the cooperative. The unified supply system allows member companies to concentrate on only publication planning, which in turn allows the supply of books to readers, helping create higher earnings. Furthermore, books are also supplied to bookstores doing business with the nationwide cooperatives in addition to the direct-dealing of books of the member companies through general distribution services. In 2008, the cooperative signed an MOU with the Seoul Metropolitan Rapid Transit Corporation to operate seven Happy Bookstores in subway lines 5, 6, 7 and 8. Approximately 20 more bookstores will be opened in the future. [2]

Book delivery

The cooperative has supplied books ordered by the Ministry of Culture, Sports and Tourism for the past seven years. This experience enables the cooperative to supply books needed by the state and public university libraries, schools, government offices, enterprises and research institutes. In addition, the cooperative provides consulting services to the government offices or ordinary enterprises so they can more effectively plan, select, and buy books needed on an irregular basis. To help librarians, the cooperative puts new book catalogs in the cooperative Home Page on a daily basis. The cooperative has built MARC Data and supplied them to all libraries operating in the nation, maintaining a more than 95% delivery rate by collecting books based on the order catalogs.

Credit Extension

Using the funds raised through contributions and loans, the cooperative makes monetary grants to members so they may publish books and build a solid foundation for the publishing and culture business.

Joint purchases

To reduce publishing companies’ expenses, the cooperative operates a coop paper purchasing and distribution program and a PR program where information on new publications and weekly/monthly bestsellers is provided.

Subsidiary

Korea Publishing Logistics Co.Ltd.

Recognizing the importance of the book distribution business, the cooperative in October 2001 established Korea Publishing Logistics Co.Ltd, which is charged with the operation of warehouses and distribution centers. The building was built in Tanhyeon-myeon, Paju-si on a site of approximately 569,300 square feet (52,890 m2) with total architectural area of approximately 213,500 square feet (19,830 m2). Korea Publishing Logistics Co.Ltd. stores and manages books, the valuable assets of publishing companies, on a consignment basis. The warehouse can accommodate approximately 50,000,000 books. Backed up by such infrastructure, the cooperative uses its 10 years of experience to provide advanced IT-based logistics innovation services, 1:1 tailored service capable of verifying systems on a real-time basis, and SCM (Supply Chain Management system) +WMS (Warehouse Management System) + OMS (Order Management System). Through such services, logistics expenses are minimized, and books are handled from storage to final delivery. The nationwide distribution routes are subdivided to achieve same-day delivery for Seoul and neighboring Metropolitan areas, and delivery during the following day for rural areas. The cooperative operates four departments (General Affairs, Management, Marketing and Distribution). The cooperative chairman is also the CEO of Korea Publishing Logistics Co.Ltd.

Organization

As of October 2009, there were 813 member companies, 73 unified companies, and approximately 500 bookstores operating under special agreement. The head office is located at Sinsu-dong, Mapo-gu, Seoul, and currently, the logistics and distribution department has moved to the logistics center in Paju. There are approximately 68 officers and employees including one chairman, one chief executive officer directly or indirectly, 20 directors and two auditors. The organization is composed of five departments and 13 teams. The Board of Directors operates four subcommittees and one branch committee under its control (management rationalization, real estate management, distribution innovation, loans, and the unified supply strengthening branch committee) to help the cooperative implement ethical operation. The chairman is appointed from among members at the general meeting to a 4-year term. The chairman is Kim Jung-yung, CEO of Ohsung Publishing Company, and the executive director is appointed by the chairman at the recommendation of the chairman from among those who are not cooperative members and who possess qualifications prescribed in Article 11–2, Enforcement Decree of the Small and Medium Enterprise Cooperative Act. Hong Sung-de is working as a full-time executive director at the cooperative.

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References

  1. Korean Publishers Cooperative
  2. Korean Publishers Cooperative