Return to 78: Why are all the Americans panicking about doing scientific research?

"Excuse me, you have a vision and brains that others don't have, and your machinery company has production capabilities that other Dragon Country companies don't have. Why don't you find a chain company that is larger than our Best Buy Group to cooperate with?"

This question had been on Joseph's mind.

In the United States, Best Buy Group is only a leader in the field of home appliances.

It is far from meeting the standards of first-tier enterprises.

There are at least five or six chain stores in the United States that are larger than Best Buy, though I wouldn’t say there are countless of them. Walmart is the leader among them.

Once Lin Kaifeng gets in touch with Walmart and sees Northern Machinery's technical products, the purchasing department of the Walmart Group will immediately cooperate with Northern Machinery.

Lin Kaifeng said calmly: "Cooperating with Best Buy Group is for profit, and not cooperating with other large chain companies is also for profit."

"Your company was founded not long ago, only about a dozen years ago. If you want to continue to develop, you must constantly make changes. The influence of other established chain companies in the market has long been deeply rooted."

"We will never treat our Northern Machinery Company as an equal like your company does."

"There may not be any problems at the beginning of the cooperation, but as time goes on, they will definitely put forward many conditions that are difficult for our company to accept."

"In the face of this situation, what should our company do? Rather than planting the hidden dangers of cooperation from the beginning, choosing to cooperate with a better company is the wisest choice."

"Best Buy Group is exactly the best partner for me."

Joseph's face was full of smiles. No one doesn't like to hear good words.

Even foreigners are no exception.

Compared with other old chain stores, Best Buy Group is indeed not very large.

But whether dealing with consumers or suppliers, Best Buy Group tries its best to maintain mutual benefit.

Best Buy advocates mutual benefit and rarely imposes harsh conditions that are unacceptable to suppliers.

As for the requirements for suppliers, Best Buy Group and other groups have quite different requirements.

Suppliers are not allowed to employ child labor, nor are they allowed to abuse or oppress their employees.

Suppliers must ensure adequate benefits and all-round remuneration for their employees.

If there is any violation, Best Buy Group will immediately terminate cooperation with the supplier.

In the eyes of other American chain stores, the demands that Best Buy makes on suppliers are simply ridiculous.

Suppliers are an integral part of a company's sales. As long as they can provide the various goods the company needs on time, how they develop internally or how they treat their employees will have no impact on Party A.

Best Buy Group not only makes various tough demands on suppliers to protect their employees, but also has a very different way of cooperation from other companies.

When other companies purchase goods from suppliers, they usually receive the goods first and pay later, and set up an account period.

Settlement will be made only when the payment period is reached.

Best Buy buys merchandise directly from suppliers.

To put it simply, pay first and then get the goods.

This is also why Best Buy Group's liquidity is deteriorating.

The large amount of profit concessions led to a crazy increase in sales and a serious decline in overall profits.

As the method of payment before delivery was adopted, the amount of working capital became less and less, and a large amount of goods were piled up.

After lunch, Lin Kaifeng accompanied Joseph to the airport.

"My biggest gain from coming here this time is not knowing the overall production scale of Northern Machinery Company, but having the honor of meeting a friend like you."

"Mr. Lin, thank you for your valuable suggestions. These suggestions will help you and me achieve better development."

Joseph gave Lin Kaifeng a typical American hug.

Walk into the cabin with a smile on your face.

Joseph gained a lot from this trip to the Dragon Kingdom.

Whether it is further cooperation with Northern Machinery Company or setting up several boutique electrical appliance stores in the United States as suggested by Lin Kaifeng, it can help Best Buy Group gain a larger market share.

Reverse the problem of funding shortage.

In life, besides birth, old age, sickness and death, there are also power and money.

After working as a wage earner for decades, Joseph had long wanted to take a step further.

Joseph, who is in his forties this year, still has more than ten years of career ahead of him.

The current opportunity is a turning point in his destiny. If he can grasp it firmly, his life and status will change drastically.

After watching the plane take off, Lin Kaifeng walked out of the airport and boarded the 212 jeep assigned to him to go to the city hall for a meeting.

"Comrade Lin Kaifeng, we are all waiting for you. Let's start the meeting now."

The conference room was packed.

Heads of all departments were present, without any absence.

Sitting in his own seat, Lin Kaifeng said, "Two leaders, Joseph has boarded a plane to Beijing and will leave for the United States tomorrow to inform Best Buy Group about the cooperation."

"Relevant news should be delivered soon."

"Once the contract is officially finalized, I will travel around the country to cooperate with domestic semiconductor companies to ensure the supply of semiconductor chips for home appliances as much as possible."

Hearing this, everyone breathed a sigh of relief.

The day after Lin Kaifeng brought Joseph to the city hall for a meeting, the relevant departments held a series of meetings to discuss how to safeguard this huge transaction.

The first transaction involved an amount of US$120 million.

This is an unimaginably big business across the country.

There must be no mistakes in any aspect.

While entertaining Joseph, Lin Kaifeng took a few hours to popularize relevant knowledge about semiconductor chips to the leaders of various departments of the city government.

Air fryers do not need to use high-precision semiconductor chips for the time being, but chips are indispensable for mass production of induction cookers.

There are nearly 800 semiconductor companies across the country.

There are also many related supporting enterprises.

The reason why China's domestically produced chips are rarely seen in the international market is directly related to its low overall production capacity.

The country has always implemented a planned economy, and the relevant factories will produce as many goods as the tasks assigned by the higher authorities.

Each person has his own job, and production and supply only need to ensure that the task is completed.

Against the backdrop of the rivalry between the United States and the Soviet Union, human technological development became unprecedentedly active.

A large number of high-tech products are born every year, and the demand for semiconductor processors is increasing day by day.

This is true abroad and at home.

Semiconductor chips are needed in the civilian production field, and they are also indispensable in the defense field.

Whether it is CNC machine tools, electronic computing, satellites and rockets, or fighter jets, shipborne radars, and semiconductor chips are all a link that cannot be avoided.

While enhancing his own development capabilities, Lin Kaifeng has never forgotten to help domestic semiconductor companies develop.

Now is the best opportunity.