Procureship has signed an agreement with SpecTec Group to integrate SpecTec’s AMOS Procurement and Logistics software into its e-procurement platform.
The partnership will allow AMOS users to utilise the Procureship platform, which is expected to enable them to access a global marketplace of marine suppliers and service providers.
According to Procureship, users will be able to conduct procurement processes seamlessly between the two platforms by utilising Procureship’s procurement cycle optimisation tool that reportedly takes advantage of modern technologies, such as machine learning and automation.
By using a digital e-procurement platform that uses algorithms to enhance the procurement process, AMOS expects for it to drive down costs, reduce vessel downtime, and access a wider range of vital marine partners.
Procureship will also be providing real-time market analytics and reporting feature to AMOS users, with the aim of facilitating more informed and data-driven decisions to improve the efficiency of their vessels and their daily operations.
Grigoris Lamprou, Chief Executive Officer of Procureship, said: “Our partnership with SpecTec Group will enable a greater number of vessel owners and operators to access critical data to make more informed decisions on their purchasing needs and support their day-to-day operations.
“We look forward to working closely with the expert team at SpecTec and further enhancing the procurement process for ship owners all over of the world.”
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Nazrul Miah, Director of Product Management of SpecTec, added: “By partnering with Procureship, we are able to bring a modern approach to the procurement process for our global users, while giving them access to vital data that will benefit their bottom line and reduce purchasing cycle times.
“Crucially, our partnership with Procureship will offer more solutions to our users to optimise their fleet management capabilities and provide more value to their daily operations.”
Earlier this year, Idwal, an inspection, technology, and data company, launched Idwal ID – a new comprehensive condition improvement programme for fleet management.