E-trade platforms for marine procurement

Efficient procurement and supply chain management depends on availability of the up-to-date IT instruments that make it possible to handle big data volume, analyze it more efficiently in order to achieve the best results from using of the assets of a Company.

Nowadays regulators, ship owners, port authorities are all benefit from digitalization thanks to integration of all the users and optimization of business processes.

Ship owners and ship managers realize inevitability of the introduction of the integrated Company’s management IT platform that would include every management aspect: technical, crew, QHSSE, accounting, dry-docking, procurement.

Digitalization of the procurement is a momentum and fundamental tool of the procurement efficiency increase giving essential competitive advantages. Intelligent optimization of the procurement processes can help to plan company’s strategic objectives.

Some advantages of e-procurement platforms:

Connect buyers and sellers
Suppliers management
Inventory management
Invoice management
Spending optimization
Performance analytics
Comprehensive reporting tools
Reduce time spend for Requisition/Query/Purchase Order processes
Streamline procurement processes
Access from different devices

Each e-platform’s maker offers its own different solutions for procurement departments, therefore ship owner or ship managing company should define the best one based on the data company has and taking into account its strategic objectives.

Below is the list of the most popular e-trade platforms and modules for e-commerce that are used by ship owners and ship managers for purchasing of ship spares, stores and services.