The importance and evolution of the purchasing department in shipping companies
Master Thesis
Author
Grillias, George G.
Γρίλλιας, Γεώργιος
Date
2023-11Advisor
Polemis, DionisiosΠολέμης, Διονύσιος
View/ Open
Keywords
Evolution ; Purchasing department ; Greek shipping companies ; Organization ; Structure ; Shipping companies ; Forwarding ; Procurement departmentAbstract
The purpose of this paper is to describe the importance and evolution of the purchasing department in a shipping company, over the past decades. Admittedly, there is no exact definition in the maritime cluster of the purchasing department and responsibilities of same. Nonetheless, it is of great importance for every ship-owning and or ship management company to maintain a well-organized, healthy, experienced, and trained purchasing department, that is always able to overcome any type of obstacle and be resourceful, ensuring that their vessels will continue to operate safely, without any shortages or technical problems. Communication with other departments such as technical, safety, crewing, operations, law, accounting, and finance is pivotal and can result in a great reduction of expenses. Furthermore, as technology has been developed, various tools have been invented that aim to assist and simplify the processes of purchase, thus reducing the time spent and minimizing the final cost.