CEMEX accelerates evolution of its digital commercial offering
November 22, 2022
CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that five years after it kickstarted the digital transformation of the building materials industry with the launch of its end-to-end digital commercial platform, CEMEX Go, it is accelerating its evolution targeting 100% adoption across business lines and customer segments, and a fully automated experience with supply chain visibility.
Since its launch in November 2017, CEMEX Go positioned itself as the leading end-to-end multichannel platform for the building materials industry. Today, more than 50,000 customers use the platform, representing 93% of cement and 85% of ready-mix concrete customers. In the past 4 years, the company’s net promoter score, the most widely used customer loyalty and satisfaction measurement, has increased by an impressive 50%, reaching a level of 66.
“Providing a superior customer experience enabled by digital technologies has been one of our top priorities, and CEMEX Go has been a fulfillment of that promise to our customers worldwide,” said Fernando A. González, CEO of CEMEX. “We are now evolving the industry’s best digital platform into something even better, a fully automated experience powered by data, that can truly transform the way our customers do business. CEMEX Go is also an important enabler of our transition to a lower-carbon industry by better organizing supply chains, transitioning to a paperless industry, and increasing overall efficiency in the construction sector.”
Among the new Artificial Intelligence capabilities of CEMEX Go that are in the process of being implemented or scaled are:
- Dynamic fleet optimization to improve delivery times and dynamically schedule orders based on traffic, distance to batching plants, and customer location.
- Predictive demand sensing to improve logistics and customer service in its ready-mix concrete business. The company’s industry-leading use of data allows it to foresee demand in advance and optimize production processes to meet the market’s needs. CEMEX will also be able to offer dynamic prices to customers, giving them more control over their projects.
- Dynamic overbooking that uses data to predict order cancellations and reschedules to ensure that production and delivery capacity are optimized, providing customers with more delivery slots while retaining their flexibility to adapt to their project’s needs.
CEMEX Go is part of CEMEX's Digital Innovation in Motion ecosystem, which encompasses CEMEX's innovation efforts in its commercial offering, supply chain, back-office processes, and manufacturing. Through digital innovation, CEMEX evolves to fit its customer’s needs, makes its processes more efficient, provides a superior experience for its workforce, and support’s the company’s aggressive decarbonization roadmap.
CEMEX (NYSE: CX) is a global construction materials company that is building a better future through sustainable products and solutions. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. CEMEX is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies. For more information, please visit: cemex.com
CEMEX assumes no obligation to update or correct the information contained in this press release. This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. CEMEX intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. These forward-looking statements reflect CEMEX’s current expectations and projections about future events based on CEMEX’s knowledge of present facts and circumstances and assumptions about future events, as well as CEMEX’s current plans based on such facts and circumstances. These statements necessarily involve risks and uncertainties that could cause actual results to differ materially from CEMEX’s expectations. The content of this press release is for informational purposes only, and you should not construe any such information or other material as legal, tax, investment, financial, or other advice. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release.
Analyst and Investor Relations
Alfredo Garza / Fabián Orta