This document discusses an e-procurement platform called Procureship that aims to streamline the ship supply procurement process. It notes that the average merchant vessel spends $500,000 per year on supplies and spare parts. Procureship allows onboard crew to submit supply requests electronically, receives quotes from qualified suppliers automatically, and recommends the most suitable supplier to save purchasers time. Initial results show workload reductions of 30% for purchasers along with increased supplier bases and savings on new supplier quotes.

1. An e-procurement platform for ship supplies

2. WHAT IS MARITIME PROCUREMENT?

3. TWO MAIN CATEGORIES
SUPPLIES SPARE PARTS
TOTAL SPENT $500,000 PER VESSEL PER YEAR

4. WORLD MERCHANT FLEET IS ESTIMATED AT
34,200 VESSELS (OVER 10,000 TONS)
# VESSELS
4,221
3,905
3,549
2,506
2,167
COUNTRY
Greece
Japan
China
Germany
Norway
PRODUCREMENT SPENT ($ BN)
2.11
1.95
1.75
1.25
1.08

5. THE SUPPLY PROCUREMENT PROCESS
VESSEL OFFICE SUPPLIER
ONBOARD CREW SENDS
REQUEST TO OFFICE
SUPPLIER EMAILS
HIS QUOTATION
OFFICE OPERATOR CHECKS
REQUEST AND CONTACTS VIA
EMAIL THE SUPPLIER

6. SAMPLE RFQ

7. SAMPLE QUOTATION

8. OFFICE ERP

9. Time for sending & receiving to 6 suppliers: 24 mins
Purchasing system
Response
Manual Input
Response
Forwarder
Suppliers
EmailRFQ
Quote
PO
CURRENT REALITY OF THE PROCUREMENT PROCESS
EACH OPERATOR PROCESSES ON AVERAGE OVER 5,000 QUOTATIONS PER YEAR

10. IMPORT RFQ PAGE

11. SEND RFQ PAGE

12. PROCURESHIP STREAMLINES THE PROCUREMENT PROCESS
Time for sending & receiving to 6 supplier: Under 1’
Purchasing system Procureship Suppliers
Multiple RFQs
Quotations Auto
Imported to ERP

13. RECOMMENDATION ENGINE HELP BUYERS CHOOSE MOST SUITABLE SUPPLIER
Leverage supplier historical data & select
suppliers that best match the needs of each RFQ
Saves time from Purchasers in searching and
identifying new suppliers
Allows Purchasers to find suppliers even in
unfamiliar locations
Makes sure that suppliers are not spammed
with RFQs that they cannot fulfill

14. PROCURESHIP DATABASE OF 1,500 QUALITY SUPPLIERS FROM 85 COUNTRIES

15. OFFICES OF GLOBAL SUPPLIER IN COPENHAGEN

16. LOCAL SUPPLIER IN PIRAEUS

17. RESULTS
250% increase in the average number of suppliers per RFQ
15.7% savings on cases with new suppliers
100% increase of the supplier base of our first company (250 -> 500)
30% workload reduction

18. CLIENTS (6 COMPANIES / OVER 148 VESSELS)
Vessels: 74 Vessels: 18 Vessels: 18
Vessels: 15 Vessels: 9 Vessels: 14

19. NEXT STEPS
Improve the recommendation engine and automate the next step of the
procurement process (i.e. freight forwarding optimization), to further
reduce the workload
Expand to more shipping companies in Greece and Abroad

20. Thank you!
glamprou@procureship.com
amanassakis@procureship.com