Marine E-Procurement Platforms
Developments in technology, connectivity, and the digital transformation of the shipping industry have made progress with factors like weather routing software, fuel-efficiency management, futuristic monitoring systems, and procurement solutions . A proven way for ship operators to facilitate, enhance, and optimise trade in improving operations now has a solution- this goes by the name of eProcurement platforms. This two-decade-old platform has a multitude of advantages over traditional procurement methods. An efficient attainment and supply chain management depends on the working efficiency of information technology tools that make it possible for handling big data volume and analysing it functionally to gain the best results from using the company’s assets. Digitisation has made its way into the maritime field, also proving that it is a fundamental tool to increase procurement efficiency. Intelligent optimisation will aid in the planning of a company’s strat...