Timber Trade Platform 3.0

Project objective

VonWood develops an innovative trading platform 3.0 to transform the timber trade into a data-driven trade. The platform consists of a data model with three applications: a pricing engine, a matching engine, and a recommendation engine. This innovation contributes to the digital transition by practically applying data science and AI.

Project results

• A data-driven trading platform for the timber industry
• Smart connections between timber suppliers and potential buyers
  
• Better availability of timber as a sustainable, circular raw material
• Acceleration of innovation within the digital transition in the timber trade

EU support

This project is co-financed by the European Union through a contribution from the European Regional Development Fund (ERDF) through the Kansen voor West III programme.