Norway-based maritime technology business, Shipnet, has collaborated with Source2Sea in an initiative to drive data-based and transparent catalogue ordering within the maritime supply industry.
The PunchOut integration allows Shipnet users to access Source2Sea’s marketplace without leaving Shipnet, optimising the ordering processes onboard and the building and maintenance of procurement product data and assortments.
Linking procurement systems with supplier catalogues and product data is something shipping companies have requested for years. It has typically been a time-consuming task for the procurement teams to build and maintain their product data and assortments. With Source2Sea’s product catalogue platform, the manual work is no longer required by the procurement teams. The purchasing team remains in full control, as the catalogue that is visible to the vessel crew, only contains the specific products and suppliers approved by each buyer.
Similarly, ordering onboard vessels has not been easy, is time consuming and with limited transparency. Empowering vessel crew to make informed decisions the first time, is not only reducing time and cost, but also reducing waste and CO2 footprint onboard. Source2Sea’s catalogues ensure that ‘what you click is what you get’ and vessel crews receive the products they need.
Niall Jack, Product Management Director at Shipnet adds: “As an ex-seafarer, I’m familiar with the frustration when you have submitted a requisition, only for a replacement or completely different item to turn up later. The online catalogues eliminate that risk and will be a fantastic resource for vessel crews. The fact that we can integrate directly into the Shipnet ONE procurement flow, maintaining approval flows and work queues that our customers are familiar with, only adds to the value of the partnership.”
Mikael Weis, CEO at Source2Sea supports: “I am really pleased with this PunchOut partnership, bringing additional and significant value to thousands of vessel crews, purchasers, and their suppliers. We see a huge demand for optimising processes and make an end to the inquiries and quotes. Similarly, the joint data foundation is providing clarity into what is actually being purchased and consumed on board vessels, creating transparency for shipping companies' green journey. The result is that crews get exactly what they have ordered on board in a cost efficient way. Fleet management can then ensure happy crews, while still controlling the content of the catalogue.”
When creating the order in Shipnet, the user automatically gets logged onto the Source2Sea platform. With pre-agreed buyer specific catalogues with images, product descriptions, and buyer specific prices, building the order is simple and very transparent for vessel crew - it’s just like shopping at home.
For more information on Shipnet please visit www.shipnet.no and for Source2Sea www.source2sea.com.
ENDS
Pictured: Mikael Weis, CEO at Source2Sea and Niall Jack, Product Management Director at Shipnet
For more information on Shipnet contact:
Bex Pearce or Michelle Cross at The MTM Agency
Shipnet is the shipping company’s software solution. Built by the industry, for the industry as the tech solution that commands your fleet’s operations, your business compliance and your profitability.
With five decades of shipping experience, Shipnet’s team is expert at what it does. It knows exactly how to solve the problems faced by the shipping businesses of today from before you set sail to after you’ve docked.
Shipnet delivers the data you need to stay informed for the whole voyage. From organising your fleet and analysing your cargo, to chartering the voyage and maintaining compliance, we help you make quick, insights - led decisions that deliver efficiency.
Its software is the best in the business, taking control of every aspect of your fleet, delivering solutions that give you back control of every aspect of your fleet.
In Source2Sea – built on the principle ‘What you click is what you get’ – we want to enable ‘Shop at Sea like you do at home’ for all vessel crew and purchasers. We are dedicated to the global marine industry and facilitate marine procurement and supply between buyers and suppliers through online customer-tailored product catalogues within provisions, stores, paint, chemicals, lubes, and spare parts.
Source2Sea aims to empower crews and purchasers as well as incentivise suppliers, all while reducing costs and increasing transparency. Always rooted in the strongest product catalogue data in the industry.
The marketplace is developed in close collaboration with and for leading industry players on both the supply and demand sides. Source2Sea is already serving leading shipping companies and suppliers globally with solutions at scale – and growing rapidly.