Anchored in quality, propelled by service…

Procurement Management

Our Purchasing Department is an essential and fully integrated component of our ship management system, designed to
  • Keep our vessels operational.
  • Reduce the cost of ownership and management
  • Maintain quality and comply with industry, safety and environmental regulations.

Our Purchasing Department plays a critical role in ensuring the operational readiness of our vessels. By effectively managing the procurement process, we are able to source and supply the necessary materials, equipment, and services required for the smooth operation of our fleet.

One of our key objectives is to minimize the cost of vessel ownership and management. The Purchasing Department works diligently to identify cost-effective solutions, negotiate favorable terms with suppliers, and optimize the procurement process. This helps us achieve cost savings without compromising on quality or safety standards. Quality maintenance is a top priority for us, and the Purchasing Department plays a vital role in ensuring that all materials and equipment procured meet the required quality standards. We adhere to industry regulations, safety protocols, and environmental guidelines to ensure compliance and mitigate any risks associated with the procurement process. Through effective vendor management and collaboration, our Purchasing Department strives to establish strong relationships with trusted suppliers. This enables us to secure reliable and high-quality products and services, ensuring the smooth operation of our vessels while maintaining cost efficiency.

Overall, our Purchasing Department's focus on operational readiness, cost optimization, quality maintenance, and compliance with industry regulations reinforces our commitment to delivering efficient and reliable ship management services.

We have implemented an integrated purchasing/accounting system that incorporates a dedicated purchasing system module. This system allows us to seamlessly integrate purchasing and accounting functions, providing us with real-time updates on total expenses.

By including prices directly in the accounting system, we can maintain a comprehensive and up-to-date record of our expenses. This enables us to closely monitor and control costs, facilitating effective financial management. The automated system streamlines the flow of information between involved parties, eliminating manual errors and ensuring efficient communication. This optimized information flow enhances the overall process, leading to quicker turnaround times and improved operational efficiency. With greater control over the purchasing process, we can effectively manage costs and make informed decisions. This not only helps us reduce expenses but also enhances the quality of the services we provide.

Ultimately, the implementation of this integrated purchasing/accounting system results in higher performance and satisfaction for all parties involved in the process. It enables us to deliver a more efficient and reliable service, contributing to the overall success of our operations.