12 July 2008
The need to reduce costs and maximize charter income places demands on every aspect of a shipping company’s operations. Thanks to innovative tools that automate the purchasing process and generate business data to give greater management visibility and business planning insight, today’s purchasing organizations are not only helping drive savings to the bottom line but are also enabling companies to operate more efficiently and flexibly to maximize revenue opportunities.
Thanks to the e-commerce services available today, shipping companies are able to embrace and optimize the purchasing expertise and talent within their organizations to help them respond more easily to the changing dynamics of the shipping industry. How companies make the most of this opportunity is where competitive advantage lies.
This study looks at the goals of purchasing and the challenges facing buyers both internally and externally. Driven by the desire to address these challenges and improve purchasing processes and collaboration with suppliers, we look at the benefits shipping companies have been able to achieve by implementing e-commerce services and what the future now holds for companies that have been able to eliminate the burden of paper-based manual processes.
To claim your FREE copy, go here.