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Ocean Freight Procurement Support

Top tips for 2018

How to plan and execute effective ocean freight tenders

 

Download our recommendations for 2018

Download our Ocean Freight Procurement Top Tips for 2018

 


Find out how eSOFS™ can help support this year’s ocean tender

 

 


3 May 17: Ansell Healthcare Products - eSOFS™

"We were impressed by both the team appointed and the solution presented - and very satisfied with the results achieved. I would be happy to recommend Drewry..."
 

Andrew J. Gillespie, Director, Global Logistics, Ansell Healthcare Products

Read the full case study


 

We work with ocean freight procurement and logistics teams within global manufacturers and retailers, advising and guiding them through complex sourcing events while applying the latest best practices to reduce costs and maximise productivity and performance.

Support at every stage of the procurement process
Support at every stage of the procurement process

Introducing eSOFS™

Our new e-Sourcing Ocean Freight Solution (eSOFS™) is a cutting-edge advisory and sourcing event execution service which brings efficiency and transparency to the management of the most complex and data intensive sourcing events.


eSOFS™ is part of an end-to-end ocean freight procurement solution providing lifecycle and event support combining industry best practices with real-time freight rate benchmarking data to enable your organisation to achieve, sustain and deliver future competitive advantage. This rigorous cost management and procurement solution draws on a rich seam of maritime industry experts with experience supporting complex multimode /multi-route instructions for an elite client base of global brands in retailing and manufacturing.

 

Download eSOFS brochure

 

By combining real-time market intelligence, industry experience and cutting-edge technology, we help ocean freight procurement teams achieve their commercial objectives.

  • Cutting-edge technology: Cutting-edge platform which brings efficiency improvement and transparency to the management of the most complex and data intensive sourcing events – faster and cheaper.
  • Trusted market intelligence: Access to one of the most highly regarded global sources of freight rate intelligence (Beneficial Cargo Owner contract rates and spot market rates) to gain increased confidence in negotiations, define real target rates and measure success against the market benchmarks.
  • Specialist expertise: Partner with proven transportation and technology professionals, to audit your rates and processes, optimise procurement selection and reduce ocean transportation and related costs.

View case studies

Features

eSOFS™ is designed to help ocean freight procurement teams achieve better results and reduced cost from their procurement processes.

 

At its core, the service provides:

  • Audit and benchmarking of current carrier contracts
  • Management and completion of the competitive e-sourcing event based on your objectives and scenarios
  • Carrier/freight forwarder selection, process allows for identification of your best selections and the cost of change
  • Final event management in collaboration with our experts
  • Contract implementation, and post-event market analysis and review of contract performance in quarterly business reviews with carriers/freight forwarders

Benefits

  • Understand if your existing contracted rates and service levels beat industry standards
  • Manage and measure Historical vs New vs Benchmark rates and services throughout the lifecycle
  • Confidence in negotiation position and in cost budgeting
  • Reduce the workload of your team and improve productivity
  • Optimise and choose using a customisable scenario analysis builder to understand transit time impact on inventory carrying costs
  • Reduce transport/inventory and/or internal costs
  • Have the Drewry team next to you for advice when those final votes are cast
  • Ongoing assistance to implant and measure your decisions and Standard Operating Procedures with all providers, through meaningful KPIs and scorecards.

In their words...

“As a global leader in protection solutions seeking to transition from NVOCC to direct ocean carrier contracts, we selected Drewry’s e-Sourcing Ocean Freight Solution (eSOFS™) to manage this year’s ocean freight procurement event. Drewry’s advisory team brought professionalism and invaluable insight to all stages of the RFI and RFQ process, from managing the global tender and liaising with bidders to scenario analytics and inter-party communication and co-ordination.

Our team was impressed by both the team appointed and the solution presented - and very satisfied with the results achieved. I would be happy to recommend Drewry to other companies.”

 

Andrew J. Gillespie, Director, Global Logistics, Ansell Healthcare Products

May 2017

 

 

"We engaged Drewry to provide advisory RFI/RFQ services for our group’s large and complex Ocean Freight Global Procurement Event. Drewry met our requirements and provided a high level of expertise, advanced analytics and responsive communication with all parties, under tight deadlines. As a result, we were able to obtain improved contractual terms and services from ocean providers."

 

Vice President, Indirect procurement, US-Headquartered, global technology company

Nov 2016

Key Contacts

Philip Damas

Philip Damas

Director, Head of Drewry Supply Chain Advisors

Recent News

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Chainalytics and Drewry partner to create Ocean Buying Group for small and medium sized shippers

Chainalytics and Drewry announce the launch of Ocean Buying Group addressing the ocean freight procurement needs of small and
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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.

Related Maritime Research

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Drewry Benchmarking Club

Drewry Benchmarking Club


Custom Quarterly Reports · Latest release 01 Sep 2018


How do your container shipping costs compare with your peers...? Our Benchmarking Club allows participating members to confidentially benchmark their contract shipping costs against their peers based on genuine, shipper-only, buy rate comparisons. Combine benchmarks and market intelligence with unique rate forecasts to maximise your procurement results.

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Container Freight Rate Insight (Annual Subscription)

Container Freight Rate Insight (Annual Subscription)


Online Service · Latest release 11 Sep 2018


The world’s first and only global source of container spot market freight rates on all the major routes. An essential reference for importers, exporters, freight forwarders and other industry stakeholders requiring up-to-date and independently researched container shipping cost benchmarks.

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