SINGAPORE ship chandler Moscord has recruited former SevenSeas Group and CEO Lars Rosenkrands in the hope of accelerating the company's drive to become the 'Amazon of shipping'.
Moscord aims to disrupt established, costly, inefficient procurement practices by creating a direct connection between manufacturers/suppliers and their customers, said the Moscord statement.
'This is achieved through an online maritime market place where users browse, assess and order the exact type and quality of product they need (ranging from consumables, to engine parts, safety equipment, tools and uniforms) without the need to go through traditional ship supply firms,' it said.
Moscord expects 'significantly cheaper products' through direct links to the market for suppliers, and a 'simplified, efficient and highly transparent procurement process for all parties'.
According to Moscord CEO Freddy Ingemann, Mr Rosenkrands can be a key figure in realising the potential of this transformative market concept.
'Lars has over 30 years of high profile experience within the shipping and maritime service industry, and I've known him for much of that time,' said Mr Ingemann.
'He has proven expertise of logistics, business development, procurement processes and much more, backed up by an intimate understanding of the needs of both suppliers and customers.
'We're assembling a team of senior, ambitious and respected industry executives to demonstrate that there's 'a better way' to conduct shipping supply procurement. Lars is exactly the calibre of individual we need to help take us on to the next stage of development and truly maximize industry impact.'
Today Moscord offers 100,000 quality products, a number that will be enlarged. By eradicating the need for middlemen through a direct selling channel, costs can be greatly reduced (by around 20 per cent) and significant efficiencies achieved.
Moscord aims to disrupt established, costly, inefficient procurement practices by creating a direct connection between manufacturers/suppliers and their customers, said the Moscord statement.
'This is achieved through an online maritime market place where users browse, assess and order the exact type and quality of product they need (ranging from consumables, to engine parts, safety equipment, tools and uniforms) without the need to go through traditional ship supply firms,' it said.
Moscord expects 'significantly cheaper products' through direct links to the market for suppliers, and a 'simplified, efficient and highly transparent procurement process for all parties'.
According to Moscord CEO Freddy Ingemann, Mr Rosenkrands can be a key figure in realising the potential of this transformative market concept.
'Lars has over 30 years of high profile experience within the shipping and maritime service industry, and I've known him for much of that time,' said Mr Ingemann.
'He has proven expertise of logistics, business development, procurement processes and much more, backed up by an intimate understanding of the needs of both suppliers and customers.
'We're assembling a team of senior, ambitious and respected industry executives to demonstrate that there's 'a better way' to conduct shipping supply procurement. Lars is exactly the calibre of individual we need to help take us on to the next stage of development and truly maximize industry impact.'
Today Moscord offers 100,000 quality products, a number that will be enlarged. By eradicating the need for middlemen through a direct selling channel, costs can be greatly reduced (by around 20 per cent) and significant efficiencies achieved.