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Ocean Buying Group

We have teamed-up with Chainalytics, the global supply chain consultancy, to create the ’Ocean Buying Group’ addressing the ocean freight procurement needs of small and medium sized shippers.

A shipper’s rate competitiveness and priority to a carrier is directly related to number of containers an organisation controls and ships with that carrier. As the ocean industry continues to change with mergers and acquisitions, limiting competition and leverage, smaller shippers are being left behind. With these developments, small to mid-sized shippers will continue to be slated at higher rates and receive less support from carriers. With this volatility in mind, organisations need to consider methods available to receive the best possible rates and access to category expertise and intelligence.

No participation fee... No minimum commitment... No change

 

Ocean Buying Group provides the rate stability and leverage typically awarded only to large shippers, allowing your organisation to remain competitive without the high costs typically associated with smaller levels of ocean transport….it’s a no fee, no commitment, no operational change solution.

 

Ocean Buying Group provides solutions to the following challenges:

  • Less rate favourability for lacking top volume shipper status
  • Finding time and expertise to focus on secondary spend
  • Lacking centralised tools to quantify and facilitate better decision-making
  • Management of contracts and rate agreements
  • Inability to budget and/or mitigate increases due to fluctuations in the market
  • Lack of market intelligence and shipper insight

To find our more about the Ocean Buying Group and how you could save money:

 

Contact us today

 

Recent News

Drewry launches ‘Cost Impact Calculator’ to help shippers prepare for and better understand fuel costs post-IMO 2020

Responding to the needs of Beneficial Cargo Owners (BCOs) ahead of the IMO 2020 global emission regulation, Drewry announces the addition of a new BAF formula and fuel cost benchmarking service to its range of ocean freight procurement support services.

Drewry survey: IMO 2020 low-sulphur rule exposes widespread concern about lack of fuel cost transparency

Our recent survey exposes considerable unease among global shippers/beneficial cargo owners and freight forwarders ahead of the IMO’s 2020 global emissions regulations, due to come into force on 1 Jan 2020.

Recent Projects

Market entry strategy for digital 'procure-to-pay' solution

The client wanted to evaluate the readiness of the container freight industry to adopt a value proposition for procure-to-pay automation that incorporates core Mastercard benefits such as payment guarantees.

e-sourcing global ocean tender management solution

Drewry Supply Chain Advisors was selected to manage the 2016 global ocean tender for a US-headquartered global producer of technology products combining procurement best practices, the latest technology and freight cost benchmarks in Drewry’s e-Sourcing Ocean Freight Solution (eSOFS).
The first company to provide detailed and regular slow-steaming analysis for the container industry (Container Forecaster)
The first independent consultancy to publish liner schedule reliability rankings in 2005
Access to an exclusive ocean freight cost benchmarking club comparing costs on over 2 million teu of freight for more than $2.3bn of freight spend.
We were the first to publish benchmark container spot market freight rates in 2006.