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Shipnet Voyage Estimator Case Analysis

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Shipnet Voyage Estimator Case Analysis
ShipNet Voyage Estimator provides the right tools for evaluating a voyage from different perspective and making the suitable chartering decisions. It also guarantees maximum profit for charterers through the right decisions taken. It is highly crucial for a shipping company to match the appropriate cargo with the suitable vessel so that there is no any complexities and wastage of space. ShipNet Voyage Estimator provides this function to its users. As there is increasing competitiveness and enhanced technologies in this modern era, there is need for traders, ship brokers and charterers to have high flexibility and move quickly to face the highly complexed commercial world environment. There are many outer factors which they have to deal …show more content…
One of the objective is operational excellence where quick integration of different factors can be done to evaluate the estimation. It covers different angles of business perspective in order to sustain its trending market value. Among the areas covered are technical side, financial management, commercial value, and procurement and ISS world of ports. These areas work together and make the estimator operate as a highly productive system. Next, it also offers new products, business models and services to make sure consumers stays up to date and are able to cope with current technologies to achieve their company mission and vision. ShipNet Voyage Estimator also ensures that the relationship between customer and supplier is continuously strengthened by providing the best services to serve customers needs at the right time. The main competitive advantage this system has over other services is that it takes into consideration different factors during estimation and enables charterers to compare between estimates. Through the stated above strategic objectives, the decision making process will be improved and so, continuous survival of the system is always ensured. This is mainly because there is always customer demand for their effective product and services. There is value creation through usage of information system as an instrument in ShipNet Voyage Estimator. An enhancement of productivity and revenues enables a constructive strategic positioning of this system in the market. This voyage estimator enables several ways where information technology can increase the efficiency of business processes. Firstly, the readily available processes are made more user friendly through introduction of best user interphase. Next, several new processes are enabled in order to support different business model,

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