Logistics giant Wincanton has chosen three digital start-ups focused on the construction supply chain to take part in its W2 Labs start-up incubator.
The three are:
- BuildStream and its TRACK product – a “mission control room for construction logistics”. It provides optimised supply chain delivery tracking, enabling construction professionals to monitor and manage multiple deliveries to site from different suppliers. The mobile app consolidates large amounts of data and provides a real-time map view to present up-to-the-minute, digestible information.
- Cloudleaf and its digital visibility platform, which gives users real-time information for increased visibility of inventory, products, shipments and orders, with the aim of managing excursion and delivery expectations. The programme also presents real-time temperature, humidity and pressure information for goods that require specialist storage and transport conditions.
- Noam and its comprehensive systems thinking data platform, which leverages AI to generate forecasts, insights and trends from unstructured data sources. It intelligently extracts meaningful data into a dashboard to automate workflows and support trend analysis and resource planning.
The finalists will now take part in a ten-week process to refine and adapt their business propositions under the guidance of senior Wincanton mentors.
This is the third year that Wincanton has run W2 Labs, and the first time it has focused on construction logistics. The programme is organised in partnership with L Marks, a corporate innovation specialist and early-stage investor.
Wincanton’s construction clients include Aggregate Industries, Breedon, Brett, EDF Energy and Ibstock. It is also the official Tier 1 warehouse and transport service partner for EDF’s Hinkley Point C project. In the 2019/20 year, the company generated £138.2m of revenue from the construction sector, up 1.1% from the previous year.