The Junk Dealer Makes Good Money
Chapter 150
[Episode 150] Getting organized
It has been a week since the employees of Nuri, who were set up everywhere and disguised as wooden statues, started their activities.
One by one, Siwoo Lee showed a faint smile at the news they had delivered.
“Did you hear the news from Branch Manager Park Young-jin?”
“Are you saying that Lee’s relative and younger brother owns a mountainous area in Gangwon-do?”
Moon Jae-shin nodded his head.
Anyway, Park Young-jin, who met Lee Young-cheol, immediately conveyed this fact to Lee Si-woo.
With Lee Young-geun saying that something is unusual.
Lee Young-chul was one of the people known in Gangwon-do.
“I have to say thank you to Mr. … .”
“Pretend you don’t know until Mr. Lee speaks first. There must be a reason why I didn’t introduce Lee Young-chul to me.”
“All right.”
Si-woo Lee knew well that he was taking care of Young-geun Lee.
The relationship between Lee Young-geun and Lee Si-woo has gone beyond intimacy and has now become an irreplaceable relationship.
However, no matter how close a relationship is, politeness must be observed.
There was no reason to go and ask questions unless Lee Young-geun said it first.
“Then the trees supplied by the tree vendors in Chungcheong Province will be cut off.”
“yes. Lee Young-cheol, the CEO, has told me that he will do business with Nuri Jojo in the future. The tree statue in Chungcheong Province will be arranged naturally.”
“The sunrise landscaping and the Sejin tax office are the problem.”
Moon Jae-shin flinched for a moment at Lee Si-woo’s cold eyes.
When Siwoo Lee made this expression, it meant that he had made up his mind.
“The president is right.”
“We have to carry on a big business in the future. Before the establishment of the incinerator begins, the sunrise landscaping should be taken care of. And the tax office, which finances them, shouldn’t be left alone.”
According to his will, Nuri’s executives were preparing.
To be sure to finish the sunrise landscaping.
On the surface, the cancellation of the contract on the tree seemed to have caused great damage to Nuri.
But there was no problem.
This is because there were trees owned by Nuri itself even if the tree merchant did not supply it.
“If you remove 10,000 trees from the arboretum, you should be ready to refill.”
“It is said that branch manager Park Young-jin signed a contract with CEO Lee Young-cheol for about 5,000 trees. And when the trees in Chungcheong Province are organized, the branch manager Chae Jun-seo will be able to move comfortably.”
A total of 20,000 trees were canceled due to sunrise landscaping this time.
Twenty tree merchants across the country have canceled their contracts with Nuri.
And the penalty for that came in quite a bit.
He received more than 3 billion won in penalties alone.
“The operating profit of Nuri Landscape Architecture is not high. Have you thought about supplementing this, CEO Lee Min-koo?”
Lee Min-gu, who was sitting in the office, jumped up from his seat at the sudden question of Lee Si-woo.
“I checked all my expenses. If you look at the expenditure breakdown, the cost of transporting trees is 30%.”
Currently, Nuri Landscape Architecture was in the process of maximizing sales through various businesses.
In fact, overall total sales have surpassed waste.
However, the net profit fell significantly.
“We need to reduce the cost of transportation first.”
“So, I have a project to suggest to the CEO.”
The best way to cut transportation costs was to run your own truck.
More than 5,000 trees had to be transported at a time.
Depending on the size of the tree, the number of trucks that can be loaded varies.
At least 1,000 trees need to be moved to run even a small business.
The transportation cost per truck was about 150,000 won.
“How much do you use per month for shipping?”
“It depends on the size of the business, but it usually costs around 1,500 to transport 1,000 trees.”
“Then it would cost 150 million to move 10,000 trees.”
“The wood merchants don’t pay for shipping, so if you roughly calculate it, that’s about it.”
Rather than spending 150 million won a month on transportation costs, it was better to operate trucks in bulk.
Of course, it will take a lot of money right now, but this project had to be looked at for a long time.
“That means we should run our own truck company.”
“Yes, sir.”
“If you were to run 50 trucks, the purchase cost would be 5 billion won. Even if it is a used truck, the price of trucks is in the low 100 million range.”
“Right now, it may seem like a business that will not help Nuri, but if you run a truck company, it is expected that it will be easier to balance sales and purchases.”
Lee Si-woo closed his eyes and pondered at Lee Min-goo’s suggestion.
If the monthly transportation cost is 150 million won, it means that the annual transportation cost is about 1.8 billion won.
“Director Eunsoo Jin, what do you think?”
“Operating a truck company may be a huge benefit to Nuri, whose main focus is on transportation. In fact, the number of armroll cars and tongs that Nuri owns are huge.”
“Tax savings are necessary, but at least you shouldn’t be accused of tax evasion.”
“I will post a report after thorough investigation so that it does not become a problem.”
“You do that. And now, CEO Jin Jun-sik, prepare to increase the number of branches.”
“Are you planning to expand your scrap metal business?”
The scrap metal business that started first has grown to a small scale in Nuri.
In fact, scrap metal is the flower of the junk dealer, but he didn’t pay attention to the scrap metal because he was concentrating on waste.
Of course, Nuri Steel achieves growth every year, but not much money is invested compared to sales.
“We need to expand. Scrap metal was the first business that Nuri started. And it’s also a meaningful business for me.”
“All right. Then, after discussing with General Manager Moon, I will decide where to set up a branch and post a report.”
After Jin Jun-sik finished speaking, Lee Min-gu spoke again.
“And, Mr. Nuri, the number of employees working at Nuri Landscaping is close to 600. In order to increase operating profit, a certain degree of rearranging is… … .”
Currently, among Nuri’s affiliates, Nuri Jojo has the largest number of employees.
The number of people who were put into various places where they were put in to build national infrastructure alone reached 200.
And if you include 300 on-site workers and 70 office workers, the number was 570.
At that, Shi-woo said firmly.
“It’s never okay to lay off your employees just to make a profit. Keep this in mind. The fact that Nuri exists only when there are employees.”
Siwoo Lee valued each and every employee working at Nuri.
“I will keep that in mind.”
“It is good if the company’s net profit increases, but that doesn’t mean you will increase the net profit until you get rid of the employees who are still working. That’s what I say to everyone here.”
In the current state, if we increased the number of manpower, we increased it, but there was absolutely no need to reduce it.
The employees were the beings who supported Nuri for the sake of Nuri.
They had to take it firmly that they were not simply workers.
“The Jehu Group and the Gangdong Works have informed us of their intention to invest in an incinerator. The size of the investment has not been decided yet, but what is certain is that preparing an incinerator does not shake Nuri.”
Nuri’s executives were concerned about the huge amount of money that would go into the incinerator.
According to Siwoo Lee’s plan, he had to come up with a huge budget.
“And he said that Boseong Construction has also decided on the size of the investment for the incinerator.”
The good news came one after another.
Park Soo-beom decided to invest according to Lee Si-woo’s will to make the incinerator successful.
The size of the investment was decided at an incredibly fast pace and the budget was being executed.
“How big is the investment in Boseong? … ?”
Moon Jae-shin asked cautiously at the first hearing.
“The investment amount was decided at 20 billion won. But it will not come in cash.”
Park Soo-beom clearly knew what he could do to help Si-woo Lee.
Instead of executing the budget in cash, it was decided to subsidize a portion of the cost of building the incinerator.
“It is a significant investment. But there are also concerns.”
After investing, he had to either give away his shares in the company, or pay a portion of the proceeds as dividends.
However, Park Soo-beom, who was concerned that this part would be a burden to Si-woo Lee, made a suggestion.
“The return on investment is limited to 10 years. It means that we have to pay back 20 billion won to Boseong E&C within 10 years.”
“that… It’s a lot of pressure.”
“The incinerator is a business that will generate solid profits for Nuri. It will be different from the scale of the business we have done so far.”
If the incinerator was successful, the next step was to target the steel mill.
We wanted to find a way to treat the coal ash from the incinerator.
Of course, it was enough to hand over the coal ash to the cement company, but Si-woo Lee wanted to find a way to make sure it was recycled.
“CEO, isn’t the establishment of an incineration plant the biggest goal?”
“Did I say that the incinerator was the ultimate goal?”
“You didn’t, but… … .”
“If you think about what my initial goal was, the answer might come. Why am I instructing CEO Jin to expand the scrap metal scale?”
A fire broke out in Siwoo’s eyes.
From the beginning until now, Nuri’s goal has been decided.
The incinerator was a necessary process until it was transferred to the steel mill.
“no way… Are you even thinking about setting up a steel mill? Is there a Gangdong Works?”
Moon Jae-shin was convinced that Si-woo Lee and Ae-ra Shin would get married.
If the two get married, I thought that there is a high probability that Si-woo Lee would take over the operation rights of the Gangdong Works.
“It’s different from Kang Dong. I cannot be involved in the operation of the Gangdong Works. It’s not my style to go easy, you know right?”
The construction of the steel mill had to be started within at least 10 years.
One year was not enough to build a new incinerator.
It is clear that it will take the ship’s time to build a larger steel mill than that.
“I didn’t know you were designing into the distant future.”
“Nuri’s goal is to be the best in recycling. To do that, we need a steel mill.”
* * *
Jinsoo Kang, an employee of Nuri Landscaping, in charge of managing trees, toured the site.
As he looked at the trees in the arboretum with a light movement, he stopped moving.
“Chief, why all of a sudden… … ?”
He tilted his head to see Kang Jin-soo, who was following his quick movements, and suddenly stopped walking.
“When did the local trees give you nutrients?”
At Kang Jin-soo’s question, the man hurriedly pulled out his notebook.
“I started taking nutritional supplements three months ago.”
“Before that?”
“Well? There seems to be some misunderstanding. Normally, nutritional supplements should be added once every 6 months… … .”
“Speak quickly. Nutritional supplements were introduced every few months!”
“Two months cycle… … .”
“Who is the local tree manager? Come out now!”
At Jin-soo’s call, the man hurriedly pulled out his cell phone.
He looked up at the tree spread out in front of him.
Kang Jin-soo, who looked at the leaves that had partially turned red, expressed anger.
“If these are sane, there is no way you can’t properly check the feeding cycle of nutrients.”
“I’m calling you right now!”
“And all the field team kids who can move, come, yes. I didn’t even know the tree was dying… … !”
A tree was a life.
It can survive pests and diseases only if it is managed more rigorously than humans.
This is the reason why the manpower who manages the huge trees in the arboretum is always on standby.
Kang Jin-soo, who burst out in anger, hastily contacted Lee Min-goo.
[I’m in a meeting right now.]
“CEO, I think you should come to the site and see.”
[what happened?]
“The color of the leaves in the Arboretum, District 3 has turned red.”
Kang Jin-soo closed her eyes tightly.
Everything had to be reported.
Even if someone was responsible, they could not hide this fact.
Hearing Jin-soo Kang’s words, a rumbling sound could be heard over the phone.
[Have you figured out the cause?]
“It seems that the District 3 manager did not properly schedule the feeding cycle. We have checked the records of feeding the nutritional supplements on a two-month cycle, CEO.”
[You mean that now?! Who is the District 3 Manager?]
“… This is Park Chan-gyu, the deputy chief.”
[I will go to the site right now. Do everything you can! Even if all the manpower is mobilized, all the trees in Area 3 will have to be checked.]
“Yes, sir!”
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