3. Finding New Construction Technologies to Streamline Efficiency
The use of aluminum mould technology is not new to Homex, as we started using this
innovative construction technology in 2007. At that time, we identified the need for a strategic transformation of our construction process, industrializing the process from traditional
concrete blocks to aluminum moulds, thereby achieving a more efficient and less labor
intensive edification process, while at the same time improving the quality of our homes
and generating important savings due to the standardization of prototypes and reduction in
time of construction.
Even though we have been using this technology for three years, the continuous and increased
use of our construction technology is a clear testimony to our non-stop evolution.
During the year we continued to identify new and better ways to obtain higher efficiency
by increasing the effective working hours at each home, thus using each mould up to two
times daily. At the same time, we improved materials logistics delivery to further streamline
working hours, continuing to apply our modular building concept to reduce the number of
project phases. This has been key to obtaining a more efficient working capital structure
that has helped us to sustain our growth at the same time of mitigating the impact from
an increased participation in vertical building prototypes, which take longer to build and
collect, and the increased investments in relation to the company’s strategy to advance
housing infrastructure investments to complete the edification and infrastructure process
at the same time.