LATIN AMERICA
Strategic suppliers and local supplier development The current plant construction in Chimborazo has drawn UCEM closer to construction companies and machinery suppliers working on the project . Germany ’ s thyssenkrupp is deeply involved in tech and machinery deployment for the new plant .
On the other side , UCEM sustains a close working relationship with the surrounding communities and businesses supplying raw material . The company ’ s policies and strategies ensure secure , timely deliveries with orders sharing the same quality . UCEM contributes to these suppliers ’ development in production techniques and as advisers in financial matters . The company ’ s involvement in helping suppliers obtain a financing plan to improve transportation of these goods results in a win-win outcome , with suppliers obtaining new resources and increasing their earnings as UCEM ’ s efficiency is boosted .
“ Besides our partners in machinery and equipment , we will always be close to the people supplying us raw material ,” Foulkes declares .
Staff training and development
UCEM assigns important investments into staff training , benefits and competitive compensations . Annual training plans are developed in domestic soil and abroad . “ We ’ ve sent different groups to the thyssenkrupp headquarters in Germany , where they ’ ve learned about the new plant ’ s operation . Other groups constantly come and go to the Yura facilities in Peru , which boasts a late-generation production line ,” Foulkes details .
The company also offers financing at no cost for employees enrolled in college and other courses , and also schedule flexibility into working hours . This has all helped with a low staff turnover rate at the company .
Corporate Social Responsibility UCEM and its surrounding communities engage in projects around forestry , farming , educational projects , community development and new hires for qualified and non-qualified workforce .
The company currently sponsors professional training for a group of young students from neighbouring
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