FRASCOLD: good lessons learned and positive balance

03-01-2021 20:16
FRASCOLD: good lessons learned and positive balance
Giuseppe Galli, CEO of Frascold : "The company has been able to transform itself very quickly. Since we have Shanghai-based subsidiaries, we were able to deliver the first measures from March 16, making the health of all our employees and their families a top priority."
Giuseppe Galli: “Frascold has the venues, resources and a good organizational structure that allows us to react promptly. Prior to the introduction of ministerial decrees, we set up a special Committee and implemented a well-structured response plan, providing more stringent prevention tools than the Government required. To meet our commitments, we have also enabled extraordinary insurance tools through an additional policy. E.g; The introduction of shifts that organize the adaptation of areas in the factory and offices in order to implement preventive measures and find the necessary devices, train our staff, check compliance with safety protocols, carry out a deep restructuring of the work organization, always guarantee the level of efficiency and productivity. It is relatively easy for the company to ensure social distancing of 120 workers in a 30,000 m2 production area. Changing rooms and canteen were closed; New services were offered to employees, such as the distribution of lunch boxes,'' he said.
Galli continues: “This is a new challenge to face: I would like to emphasize that everyone is responding in a really collaborative way and I am very grateful to our entire team for the commitment, dedication and trust shown during this time. To thank them for their contribution, to underline the solidity of the business and the company.” I sent each of them a personal message".
Welsh added: "We manufacture compressors that are the heart of any air conditioning or refrigeration system. This has shown that it is impossible to stop supply chains that are closely interconnected and underline the importance of all our products for essential services in both the food and pharmaceutical markets. Frascold, refrigeration and air conditioning It is a well-known and global brand in its market and manufactures high-quality components and has subsidiaries abroad. This has added value, as confirmed by Frascold CEO: “The economy is still in the early phase of the reboot in Europe, but in China it has continued at full speed and all we can also find these beneficial effects in our production site, Rescaldina".
And on how the Italian supply chain is currently organized, Eng. Welsh ''Our suppliers are mostly Italian or European. All are operational and have returned to operating at almost normal rhythms, albeit with some logistical difficulties. Instead, for the upstream chain, the situation changes for different segments. We are the supplier to the primary companies of HORECA (Hotels, restaurants and cafes) due to a long stop in their operations and very slow recovery is expected. A completely different situation is seen in the large-scale retail sector and the refrigerated transport sector, which is operating with a continuous increase. Of course, the size of companies is an important consideration: we serve companies both large and small and I hope they all have the strength to get through 2020, which is considered a difficult year, if it's 2021, I hope we can pick up where we left off.”
Reviewing the past spring, Frascold CEO continues: "We are leaving this period by further reaffirming the confidence of all our collaborators who work with perseverance, passion and very high motivation. To give some examples, I must admit that I am extremely surprised about the intelligent mode of work: our collaborators daily they manage their lives very well and look at their work with great peace of mind and it shows in the results.Moreover, based on this experience, the possibility of hiring people who are far from our office and with the necessary skills can be considered: making remote work possible, our talent search will also be expanded. Many old habits are now will be viewed differently: we will need to make significant reflections on the way we participate in international events such as trade fairs, which in the past have been an important tool for expanding the client portfolio.”
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