Ocean Contract Procurement

In the first stage of our process, we conduct a thorough analysis of our client’s shipping requirements, volume projections, and specific business needs. This allows us to develop a customised ocean procurement strategy tailored to each client’s unique circumstances. Leveraging our extensive network of ocean carriers, we identify and negotiate contracts that offer competitive rates, efficient transit times, secure space agreements and reliable service. Our team ensures that the contracts align with our client’s operational objectives, whether it’s minimizing transit times, optimizing cost-efficiency, or enhancing supply chain visibility.

One of the longest standing, and most traditional methods around ocean shipping is that the NVO or freight forwarder manage the negotiations directly with the ocean carriers. This approach means there is a lack of transparency around the freight and ancillary pricing for the client. The client’s overall volumes are also rolled in with the other freight provider’s volumes which can often lead to a lack of secure space commitments, especially during peak periods or when there is severe disruption to global shipping. Evolution Supply Chain’s approach is to allow the client direct access to the ocean carriers to provide transparency around pricing and space guarantees, but retaining the benefits of our over-arching global procurement contracts.

This methodology brings the following benefits:

• Transparency of pricing
• Agree dedicated space guarantees based on your weekly volume requirements
• Leverage the purchasing power of Evolution Supply Chains global volumes
• Direct access to carriers for regular management review meetings to assess KPIs and overall service levels
• Gain access to Evolution Supply Chain’s monthly market updates
• Allow clients to choose their freight management provider of choice to execute the origin, destination and Customs brokerage

Throughout the procurement process, we provide ongoing support and guidance, ensuring that our clients are well-informed about market trends, regulatory changes, and emerging technologies in the maritime industry. We also conduct regular performance reviews to monitor the effectiveness of the contracted services and identify areas for improvement. Our goal is to continuously optimize our clients’ ocean contract procurement strategy, enabling them to streamline their operations, reduce costs, and enhance overall supply chain performance.

In summary, our ocean contract procurement services offer businesses a strategic approach to managing their shipping needs. By leveraging our expertise and industry connections, we help organizations to secure favourable contracts, optimise their supply chain operations, and drive sustainable growth in the dynamic world of maritime logistics.