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24 April 2019

CEMEX Ventures invests in construction materials software company

First publishedon www.AggBusiness.com

The venture capital unit of CEMEX has invested in LINKX, a company that offers specialised software for optimising the delivery of construction materials.

The LINKX software solution is designed to enable control of deliveries and vehicles in real time, allowing for data-based decision-making and facilitating communication and information among all involved parties (shipper, carrier and receiver).

LINKX, which currently operates in the Mexican and Spanish markets, says it is exploring new potential sectors for its software beyond construction.

Shippers and freight generators can use the software to plan deliveries and assign operations to their own carriers or third parties. In addition, to enable visibility of shipment status and vehicles’ location in real time, LINKX digitises delivery vouchers. The company says its software provides administrative advantages and fosters fluidity in the billing process.

The software also produces analytical reports that offer data-based conclusions about its logistic operation.

LINKX allows drivers to schedule their performed services and is designed to function as a co-pilot that optimises their routes. It is able to collect signatures and offer graphic evidence for proof of digital delivery. Customers are informed at all times of the delivery process, and receive the same digital receipt. The platform is designed to allow them to assess the service, improve trust and provide feedback to shippers and carriers.

"LINKX came to us at a very early stage, and together, we worked on continuous improvements by reinforcing their minimum viable product and offering continuous feedback on our knowledge of industry and technology," said Gonzalo Galindo, CEO of CEMEX Ventures. "After numerous optimisations, we have piloted this solution with several CEMEX clients to achieve a very robust solution for the supply chain management challenge."

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