Shipserv, a e-Procurement platform for the marine industry, announced in August that it is prepared to deliver a full supplier integration solution for AMOS Group Ltd, an SGX-listed global provider of diversified products, services and solutions to the marine and offshore industries.
The new full integration solution will enable AMOS Group to increase the efficiency and speed of processing multiple transactions, significantly reducing labor time and allowing for faster responses to RFQs. This promises the ability to handle more business through faster turnaround times, and better customer retention.
Other benefits include greater control and transparency over the RFQ and order transaction process and a reduction in manual errors caused by re-typing.
Sharon Gill, Senior VP Sales and General Manager Singapore, ShipServ stated that “when the number of transactions that a supplier processes reaches a critical mass, full integration with the ShipServ platform provides a significant return on investment.”
The development is part of AMOS Group’s digitalization strategy, which includes investing in the implementation of a new Enterprise Resource Planning (ERP) system. This is in line with their aim to strengthen its global customer network as well as modernizing and certifying their facilities. The company recently opened its newly upgraded Logistics and Fulfilment Centre in Gul Circle, Singapore.
Commenting on the agreement, Mr Dan Tan, Chief Executive Officer, AMOS Group said that integrating the ShipServ trading platform into their ERP system is an important part of their digitalization process and a critical component to providing customers with a seamless and streamlined logistics and supply infrastructure.
He also remarked that the shipping and offshore markets as a whole are “being transformed by the opportunities of digitalization and using technology to drive efficiencies and improve the ability and performance in responding to customer demands and delivering more value.”
The integration will be phased, with the initial steps focusing on integrating its Shanghai and Hong Kong offices with the ShipServ platform, followed by the Korea office in phase two.