12 May 2010
Maritime supplier trust mark to include reviews from the buying community
COPENHAGEN, DENMARK, 12 May, 2010 – ShipServ, the leading maritime e-marketplace, today announced at Connect10 that its unique supplier rating system, TradeRank, is being extended to incorporate “amazon.com-style” reviews.
TradeRank is devised by ShipServ to indicate a supplier’s popularity in the market and is fast becoming the industry standard way to assess a supplier’s capabilities. TradeRank is based upon a supplier’s activity on ShipServ TradeNet, the world’s most widely used maritime e-commerce trading platform. A high TradeRank indicates that the supplier is widely used by the ShipServ TradeNet buyer community.
With this new functionality, Buyers will be able to submit reviews of suppliers they have traded with on TradeNet. The addition of reviews aides the sourcing process, giving buyers further information on which to make decisions.
Suppliers will be provided with a rich toolset to help build and manage their online reputation. Reviews have been proven to help win new business and suppliers will be able to solicit reviews from their customers and respond to any reviews that are posted.
“The addition of reviews marks a trend towards more transparent communication, and a desire by our community to share opinions and information,” said Stuart May, VP Product Management, ShipServ. “It also marks our continued journey to break down the trust barriers and further facilitate e-commerce in shipping.”
The new review functionality will be made publicly available by the end of June 2010.
NOTES TO EDITORS
General press enquiries should be directed to John Watton, Chief Marketing Officer, ShipServ on +44 20 3051 0257, email John Watton.
ShipServ is the leading maritime e-marketplace, helping the buyers and sellers of ship supplies to reduce the costs associated with doing business together. In 2009 ShipServ helped its members save an estimated $400m and transformed the way they do business. Whether a Buyer needs to streamline its purchasing operations or a Supplier wants to reduce the cost of attracting or retaining customers, ShipServ is unique in helping businesses of all sizes to find each other easily, connect cost effectively and trade efficiently. Today the ShipServ community numbers nearly 150 buying organizations, 5,000 vessels and 30,000 suppliers. For more information visit www.shipserv.com.
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