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European timber industry begins its Digital Transformation

 Monday, March 13, 2023

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Selected software is now the apt choice of every manufacturer for growth and innovation and the end of the year 2020 saw an MoU (Memorandum of Understanding) being signed by the member states of the CEO-Bois, European Confederation of Woodworking Industries, about an initiative that would digitise the European timber industry. “TIMBIM”, the name given to this initiative, supports the constant collaboration and knowledge-sharing of the timber market between the member states participating.

Digitisation has a lot of potential, especially when there is a talk about forest monitoring, management, certification, mapping of forestry services and resources, and opening new value chains. This ultimately aims at supporting decision making and improving competitiveness.

TIMBIM Initiative

As per the TIMBIM documentation fine print, along with the Norwegian software company Cobuilder, all the participating member states are supposed to develop a common data structure that has a specific dictionary & templates for the selected construction wood products. The base of these templates is the properties and names described by the European test and product standards which are applied across all EU countries.

Stakeholders Benefit from the Project

Since the entire TIMBIM initiative focuses on a coordinated approach with other national associations, the main aim includes cost savings for the wood industry along with the faster implementation of workflows to optimise building in basic requirements over the entire lifecycle.

The information is machine-readable and thus ready to be processed by algorithms of applications following the BIM methodology. Add this to a supply chain automation platform that aims to digitize and automate global trade like Timber Exchange, and the entire flow would be smooth-functioning in no time.

The Timber Exchange custom platform also allows a multilingual feature where you can interact with stakeholders across the world without any language barriers. The fact that you can access a global price index and a market data hub statistics from the platform makes it one of the top-most shifts to digitization seen by the Sweden forestry industry.

The Future

The future would see a common platform with a web-based view and an API (Application Programming Interface), where the information can be used by various actors.

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