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Travis Perkins launches programme to future-proof business operations

Published: 4 July 2017 - Sue Deane

Travis Perkins plc has launched the BreakThru accelerator programme to help startup businesses grow through partnership and investment.

BreakThru is part of a group-wide initiative (across 22 brands including Wickes) to self-disrupt and embrace digital methods to future-proof business operations and enhance customer experiences. The accelerator format was chosen to operate alongside other initiatives to give internal teams exposure to entrepreneurial thinking and new products.

Travis Perkins is looking to work with startups that can help improve health and safety for its colleagues and customers while trying to digitise various aspects of their businesses processes to offer a more streamlined customer service.  

BreakThru will allow successful startups to validate their business ideas with the UK’s largest supplier of building materials over the course of an 11-week partnership development programme run in collaboration with L Marks, a corporate innovation specialist and early stage investor.

Benefits to startups include mentorship from senior leadership at Travis Perkins and subject matter experts from across the sector; access to Travis Perkins scale and network (22 businesses with over 2,000 branches and stores across the UK); and development opportunities and product validation.

Travis Perkins has outlined the areas they are particularly interested in innovating through the categories set out on the BreakThru website:

Keeping People Safe: Products and solutions that will help improve health and safety for both customers and employees. Startups that can provide a more visual approach to best practice while focusing on prevention are of particular interest. 

Connected Home, Work and Fleet: This category looks for IoT solutions that can improve connectivity at home (heating, lighting, electronics) and look for fleet and workforce efficiencies internally within the TP network. It is hoped data collection in both areas will help with predictive maintenance (appliance or fleet repairs) and offer their customers a better service.

Sharing and Managing Knowledge: BreakThru is looking for startups that can help utilise the knowledge and expertise their employees have and share this effectively around their network. Solutions may include those that can allow all employees to have streamlined access to aspects such as product knowledge and best practice.

Digitising our Customer Journey: Travis Perkins is creating a seamless digital experience for its customers through online technologies and processes. Opportunities that f

 

eed into the above include improving technologies in order fulfilment and acknowledgment and creating real time inventory visibility and management.

Wildcard: The wildcard category allows startups to suggest how they might help Travis Perkins innovate in an area they might not have thought of yet.

“We are very excited to launch our first accelerator programme at Travis Perkins,” said CEO John Carter. “Our goal is to provide a seamless customer experience through harnessing the latest innovations and ideas brought by startups.  We hope the startups who join us can challenge us internally while we provide them with the expertise and support to take their product or solution to the next level.”

Applications are open ?until midnight Wednesday 2 August 2017. For more information about the programme please visit http://travisperkinsbreakthru.com/

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