Photo: Anglo American
Anglo American's Socio-Economic Assessment Toolbox in Action: Copper - Using local procurement to benefit the business and local community
The Quellaveco copper project is located in the Asana River Valley in the Moquegua district of Peru, 1000 km South East of the capital, Lima.
The Quellaveco project identified increased local procurement as an opportunity for the business to generate a more sustainable economic and social impact amongst local communities, whilst also strengthening its own supply chain.
Using the tools in SEAT to guide the process, a local procurement strategy for the Quellaveco Project has been developed, informed by a survey of formal and informal businesses in the local area. Local businesses were profiled and validated using a range of criteria including financial stability, access to finance and management capacity.
The output is a database of local suppliers for use by Quellaveco project personnel to facilitate greater local sourcing of products and services.
John Mackenzie, Chief Executive, Copper, describes how SEAT is being put into action:
“Increasing local procurement is a win-win for our business and local communities. Through a series of practical steps, SEAT and our local procurement specialist have helped us to understand how to use local sourcing to deepen our social and economic impact whilst strengthening our local supply chain."