Profitability

Profitability

CEMEX Ventures and Taronga Ventures Invest in UK Digital Logistics Startup

CEMEX Ventures, and Taronga Ventures have announced their investment in Voyage Control, a UK-based startup that offers a digital platform to facilitate construction logistics and on-site coordination.

Supply chain disruptions are forecasted to have a significant impact on profitability over the next decade. Voyage Control’s end-to-end solution can reduce delays, waste, and cost overruns caused by inefficiencies in the construction materials delivery process through optimised scheduling of deliveries and an overview of all transactions in real-time.

The platform also supports industry-wide CO2 reduction efforts by measuring the logistics-induced carbon emissions, from the materials’ origins to its final transportation. This valuable data will allow for more environmentally conscious decision making.