Centersource Technologies was registered on 2018-10-04 as a supply chain automation platform by industry professionals to automate time-consuming processes and make global trade smoother. In line with our vision, 2021 saw a lot of developments and achievements from our end. Let’s take a brief look at all our pivotal breakthroughs this financial year!
March 2021 saw a mention of our initiative in the Financial Times (to be accessed at: https://www.ft.com/content/feb3029b-7baf-427a-840b-01c30c0c78d2) that kickstarted the year for us.
In April 2021, we partnered with Zebra, a leading 4bn RFID and barcode company that ensures every worker and asset on the edge is visible and they are connected to the data they require at all times. Zebra also ensures workflows, operations, and decisions are optimized in real-time so that they can generate impactful and efficient results.
In April 2021, we also hosted our very own Timber & Technology Conference that was attended by 17% of the global production. It acted as the perfect platform for sawmills, traders, forwarders, and importers to navigate the global timber market so that work can be done more efficiently with the help of technology. Various panels led by industry experts took the stage throughout the day to focus on various aspects of the industry, including the MENA timber market analysis and how technology can bring value to the supply chain. You can get to know more about the conference and check out the highlights at https://www.timbertechnologyconference.com.
October 2021 was a game-changing month for us as we saw three major accomplishments during that time. To begin with, our Timber Exchange platform got fully integrated with CargoX and Nafeza to facilitate ACID filing for the forestry industry and significantly reduce the risk of non-compliance. Since Egypt is a vital timber market for the largest exporters and producers such as Russia, Sweden, and Finland, a collaboration between CargoX and Centersource paved the way to digitize and simplify global trade.
In the same month, we also got selected to represent Sweden by Tillvaxtverket at GITEX Global – one of the major international technology exhibitions around the world. You can know more about the event here: https://www.northstardubai.com. To wrap up the outstanding month, we signed a confidential deal with a leading player in the industry to enter 1 million m3 into the platform.
The Timber Exchange Market Data Hub feature has been one of the most sought-after facilities that most industry players look for. It keeps track of data across various segments of the industry, along with the most influential country markets. It includes recent news plus real-time statistics on production, inventory, global price, grading rules, export/import, container line performance, logistics, and Egypt ACID regulations. In November 2021, we sold Market Data Hub to a leading producer of 3.5 million m3. You can register yourself for accessing the same at https://www.timber.exchange/market-data-hub.
Centersource Technologies and Timber Exchange also host a regular Timber and Technology Podcast hosted by the CEO, Mr Amir Rashad, that acts as the meeting point for brilliant minds across the innovation, trade, and forestry industry. We pride ourselves to have had engaging conversations over the months with professionals such as Russ Taylor (CEO Russ Taylor Global), Håkan Persson (MD of SCA Timber Hong Kong), Christer Bladh (VP Sales of Södra), Alan Murphy (CEO & Founder), Bjorn Vang Jensen (Vice President, Advisory Services of Sea Intelligence), Engr. Ammar Quzeih (CEO of Al-Rashed Group), Guillame Hotelin (Deputy CEO Comarbois), Yahia Saidi (General Manager, El Assami), Ryan Wolters (VP Sales of CMPC Maderas) and Daniel Kokot (Commercial Manager, Berneck).
In the upcoming year, we plan on reaching more heights as we expand our operations to a much larger clientele.