NYK LINE Signs Global E-Procurement Contract

Wednesday, May 22, 2002
SeaSupplier Ltd. (SeaSupplier), the marine e﷓procurement subsidiary of Stolt-Nielsen S.A., announced that it has signed a global e-procurement contract with Tokyo based Nippon Yusen Kabushiki KAISHA (NYK LINE). Under the agreement, SeaSupplier’s SeaManager™ solution and consulting services will provide NYK LINE with a comprehensive platform that manages the entire procurement process and achieves substantial cost savings as well as improved efficiencies. The system’s unique functionality supports automated contract management, competitive quoting capabilities, and complex logistics solutions. With SeaManager’s open technology platform and adaptable middleware software, NYK LINE will be connected to the supplier community through multiple communication formats, including XML, MTML, EDI, and EDIFACT. The SeaManager system is based on an Application Software Provider (ASP) concept and will provide NYK LINE with a virtual procurement center. The platform improves the execution of existing commercial contracts and allows for the exploration of new ones. S. Araki, general manager No.2 Shipmanagement Group NYK LINE represented NYK LINE during the signing ceremony in Tokyo. NYK LINE comments “ One of our strategic goals is to streamline our purchasing process and reduce our costs. After evaluating several e-procurement systems, as well as the option of building our own, we chose the SeaSupplier solution because it exceeds the simple portal offerings and provides us the opportunity to control our purchasing and logistics activities under one electronic platform. We are confident that the SeaManager system will enhance our competitive position through process efficiencies and improved cost control. The Application Server Provider (ASP) concept provides our technical staff with the flexibility of managing the purchasing process in conjunction with their other duties, from all locations in the world.”
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

 
 
Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0933 sec (11 req/sec)