Singapore-based Moscord unveils data-driven ship-to-supplier marketplace which enables direct transactions between buyers and sellers

Singapore, March 12, 2018. Moscord Pte Ltd has unveiled a new procurement platform which connects buyers and suppliers in an online community, providing simplified purchasing and pre-priced logistics fulfilment.

By combining state-of-the-art digital and commercial tools Moscord has created a venue that gives ship owners and managers the opportunity to embrace truly transparent, data-driven purchasing for the first time.

Moscord has already proved its concept and has several other buyers under implementation. Moscord has signed contracts with suppliers including VIKING LIFE-SAVING EQUIPMENT, RS Components, Gemu, Hoyer Motors, DESMI, Schneider Electric and MedSupply, with others ready to come onto the platform. Deals have been signed with GAC, Steder Group and SG Shipping to provide consolidated delivery of orders.

“Moscord represents a major evolutionary step in the maritime industry’s purchasing supply chain, bringing a new approach to a process that has been crying out for change,” says founder Freddy Ingemann. “By combining data management, contract pricing, fulfilment and logistics, Moscord can improve product quality and buyers can deal direct with suppliers, cutting costs and time that the middlemen in the market currently add to the process.”

Buyers do not pay to use Moscord, which can be integrated into any shipboard purchasing system. All prices on the marketplace include last mile logistics services including delivery to the ships or buyers own hub. The company has spent the last year and half establishing a platform that accurately integrates supplier product data, enabling buyers to experience more accurate, transparent purchasing.

“As much as 20% of final deliveries are returned because the wrong items are specified because of wrong or missing data. With Moscord purchasers can ensure that the products they order are the ones they get, and that they are of the quality specified,” adds Ingemann. “Our vision is to be a ‘Maritime Amazon’ a truly global, marketplace which brings the world’s maritime buyers and sellers together, accessible anywhere, anytime, with goods delivered directly to the vessel at the touch of a button. Our 24/7 operation centre ensures that all deliveries are followed carefully. Quality in our deliveries is key in our concept”

Ingemann leads an experienced team including shipping professionals with experience at companies including Maersk, DFDS, MAN Diesel, Blue Water and Panalpina. Future development plans include integrating blockchain technology into the platform for credit and supply chain management, as well as dual pricing structures for conventional and 3-D printed components ends.

About Moscord

Moscord represents an entirely new approach to the ship supply industry. Moscord uses advanced technology to create a leaner, optimized process that will bring major cost reductions throughout the purchasing chain. Moscord is combining a range of different technological and commercial innovations in a new and unique fashion to revolutionize the ship supply industry. Think of us as a major evolutionary step in the maritime supply industry. Moscord’s aim is to be the largest sales and distribution network in the ship supply industry.

For further information and interviews, please contact Neville Smith, Mariner Communications Tel: +44 7909 960 182.