Procurement Systems News

Marine Procurement Solutions (MPS) has built an electronic platform that aims to enhance the purchasing cycle for the maritime industry. MPS provides software, consultancy services and other customized solutions through its Direct Connect e-procurement trading platform that is designed to unite buyers, vendors and other members of the supply chain via a cloud-based interface that allows users to electronically process requests for quotations, purchase orders, confirmations and documents associated with supply management transactions.

Wrist Ship Supply reported solid growth in market share and turnover following a year of focused consolidation. According to the company, its turnover reached DKK 2,447 million in 2011, an increase of 20% since 2010, and earnings before interest and tax (EBIT) increased by 45% to DKK 21.7 million. The company saw positive development across regional operation areas, particularly Asia-Pacific and Germany. Wrist Ship Supply acquired Strachans Ltd, a market-leading independent food distributor to the UK offshore industry, completing a period of significant growth totalling six acquisitions in Europe, America and Canada between 2009 and 2011.

Multi Service, the transaction management company responsible for online bunker procurement technology currently utilized by major government entities worldwide, announced today the addition of James Bremner to the maritime solutions team. Bremner will lead product and business development efforts for the company’s online bunker procurement systems. “Our government program has gained solid traction in the marketplace,” said Michele Urness, senior vice president of Multi Service,” and has illustrated the value of an online transaction network in the bunker industry.” In fact, more than 220,000 metric tonnes of fuel were run through the company’s bunker procurement solution in 2010…

SeaSupplier Ltd., the marine e-procurement subsidiary of Stolt-Nielsen S.A. announced it has signed a multi year e-procurement contract with Bahamas-based Teekay Shipping to connect Teekay procurement systems with its suppliers. Under the agreement, SeaSupplier's SeaConnect(TM) solution will provide Teekay with a common e-procurement platform, which is geared to improve and standardize contract usage, rationalize product databases, and automate connectivity to suppliers worldwide. SeaSupplier's open technology platform and adaptable middleware software will enable Teekay's J.D. Edwards system to communicate efficiently with all suppliers, using multiple communication formats including EDI, EFACT, Flat files, XML and MTML.

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…