SummarySay no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay The case would highlight the e-procurement procedures in the shipping industry where I have been working since 1996. Having experienced the transition from conventional industrial methods Depending on the latest e-procurement technology, I would present an in-depth analysis of it. Currently on board ships we use bespoke software tools such as SHIPSERV to order stores and ship spare parts. IMPA (International Marine Purchasing Association) and ISSA (International Ship Suppliers and Services Association) provide standard coding for all stores intended for use in the maritime industry. With state-of-the-art Inmarsat broadband communications systems on ships in almost every part of the world. Ocean and in all weather conditions, we upload our requests to the head office server and after approval, stores/spares are arranged either at the next port, or during transit, or even by helicopters depending on the emergency . Organization and industrial context Anglo-Eastern has worked with shipowners and their clients for over 40 years, driven by their passion for the maritime industry. They are committed and engaged in all areas of ship management, crew management and technical services for all types and sizes of vessels. They currently hold over 600 ocean-going vessels under their management. Anglo-Eastern operates globally, with head offices in Mumbai and Hong Kong and over 25 offices across Asia Pacific, Europe and the Americas. Each ship will have on average a monthly budget of USD 1,65,000 (approximately INR 11.2 million), of which USD 50,000 (INR 34 Lakhs) would be allocated monthly for items such as provisions, stores and parts spare. We are now looking at a monthly expenditure of 34 lakhs X 600 ships trying to procure the stores required to operate the ships. To streamline the entire process from onboard request to final onboard delivery, Anglo Eastern has partnered with ShipServ to launch an onboard electronic procurement system across its entire fleet. fleet. On board ships, requests are prepared on the ShipServ module by various department heads. and the captain, after review, transmits to head office via satellite link. Immediate acknowledgment is received and further follow-up is carried out by the Superintendent of Ships at office level. ShipServ was founded in 1999, ShipServ is the world's largest sourcing platform for the maritime industry, including the offshore oil and gas sectors, with the current annual trade value being $3.5 billion from more than 200 buying companies, managing 9,000 vessels and trading with more than 68,000 suppliers in more than 100 countries around the world. The ShipServ proposition is simple. It helps maritime buyers easily find the best suppliers, negotiate effectively and build trusted relationships. Buyers speed up their purchasing process and save money. Suppliers serve their customers better and find new customers and markets. Setting the stage Traditionally, this has been a transactional function that is not considered a center of value for the business. Many of its processes are administrative, such as managing purchase orders, reconciling invoices, and tracking payments. THEPrimitive versions of predictive analytics that used unstructured data are being replaced by advanced versions used to forecast spending and evaluate performance. The change in mentality is obvious. Before implementing an electronic procurement system on board ships, purchasing departments claimed that cycle times are too slow, procurement costs are too high, processes are error-prone and the lack of reliable data means it is difficult to develop strategic strategies. decisions.Model for promoting the use and application of on-board dataShip Data Center Co., Ltd. proposes consolidated management of ship operating data and establishes a system for providing data, aiming to promote the use and application of data. Its objectives are to contribute to international shipping and maritime industries and create new businesses by improving the IT base of maritime clusters through the promotion of the use and application of data. Case Description As maritime procurement takes a more strategic approach, the role of technology becomes more and more dominant. . Data is at the heart of this. But with so much data produced, it's difficult to learn from it and find solutions without knowing where to look or having the right skills. Many shipping giants have already launched onboard data transmission and accumulation for their ships operated in 2017. cooperation with Ship Data Center Co. Ltd, Tokyo, which is a wholly owned subsidiary of Nippon Kaiji Kyokai (ClassNK ). Anglo Eastern has worked tirelessly to create an environment that enables the collection of big data on board its operated vessels and the sharing of information between ship and shore in real time through maritime broadband service. Based on onboard big data analysis, Anglo-Eastern also aims to build a comprehensive ship operation support network, which will improve operational safety, reduce the environmental impact of ships, make ship operation more economical, improve ship management and promote high quality. training and education of seafarers. Anglo-Eastern will transport onboard big data acquired from its operated vessels to the Ship Data Center, where it will be accumulated or benefit the entire maritime cluster. They believe that supporting this effort will foster innovation across the entire maritime cluster, including naval supply producers, shipyards, ship classes, corporations, universities and research institutes. With the aim of becoming the world leader in safe operation, the entire Anglo-Eastern Group, on land and sea, is united to proactively develop and introduce technologies that will contribute to safe and reliable operation and to build and maintain the trust of valued customers. Furthermore, as the world's leading shipping company, Anglo-Eastern takes a proactive stance in efforts to promote the continued growth of the maritime industry. What has changed? e-Procurement ship management software helps shipowners and ship managers reduce their OPEX by: their procurement process – delete emailed PDF files, Excel, retype and replace all that chaos with one unique link between them and ShipServ. ShipServ ensures that we connect with 100% of their suppliers. The end result is that buyers see all of their procurement transactions flow in and out, electronically, of their procurement systemexisting. This typically improves purchasing productivity by 30%. Enhanced data Access to a number of spend benchmarking tools to identify where savings can be made Supplier performance reporting to improve the results of your conversations with key suppliers Automate the procurement process Change the manual process to electronic and efficient Maintain your existing procurement system Improve productivity typically by 30% Analyze and compare your spend - proprietary tools Over 200 buyers operating nearly 10,000 vessels trade using ShipServ today All suppliers can trade for FREE on ShipServ. This ensures that buyers have the ability to automate their entire procurement supply chain and this is one of the reasons why more than 200 shipowners and ship managers have chosen to implement e-procurement on board their shipsMaximize brand exposureManage and control brandImprove quoting efficiencyProblem reportingThere is a problem with data quality in shipping organizations – a big problem. Data is generated continuously, but because it is poorly structured or managed, it is inaccurate, incomplete, or error-laden. Duplicate information appears on all systems or is unrelated to associated fields on the software system. In other words, it's dirty data. The problem is industry-wide and common in the procurement profession. Critical information – industry benchmarking, supplier performance, or cost analysis for example – can be difficult to find. Obtaining insights from data – from which value is derived – is time-consuming and laborious. The problem impacts strategy. Since there is no standard way of naming products in the maritime supply chain, it is difficult to identify what to buy and with whom. Categories become fragmented, transactional spend high, and contract spend uneven. In fact, it indicates a trend. In a recent survey, one respondent told ShipServ that they did not have the data needed to produce meaningful reports. This was corroborated by the 78% who said they would like to increase their contract spend, but dirty data prevented them from doing so. As if that wasn't enough, 69% of respondents said they would like to consolidate their spending. their spending with fewer suppliers than they currently use, but in most cases (60%) were unable to report savings across all spending areas due to data and inadequate reporting tools. The survey results supported the comments - 72% of respondents were unable to monitor what they spent. This lack of visibility extended to the categories, brands, product types and suppliers they used. The same 72% said they were unable to quickly identify where they were delivering orders, what equipment they purchased, or what brands and products each office had. or the ship had purchased. Shipping is a traditional industry – and tradition makes change difficult. Remember that less than 30 years ago, ships used telexes to send requisitions ashore. The move from a transactional approach to a strategic, data-driven approach will be met with resistance. Change Strategy Vast data is generated by every organization. Having data has not been a problem for companies, the..