Document Agreement solution for maritime suppliers
Reduces risk of documentation errors and non-compliance
Increases transparency in the maritime value chain
Metizoft handles the documentation requirements of maritime suppliers, saving time and money and ensuring regulatory compliance. “Our tailored solutions help suppliers to navigate complex reporting and documentation,” says Gry Cecilie Sydhagen, CEO of Metizoft.
CHALLENGE
As the maritime industry continues to grow, new and stricter regulations are being enacted to improve worker safety and reduce environmental impact. As a result, suppliers are required to submit volumes of documentation to prove their compliance. Moreover, suppliers benefit from declaring the contents of their product to the rest of the value chain.
“Managing all this documentation consumes time and resources that companies could use instead on their core business activities,” says Sydhagen.
SOLUTION
Easy outsourcing of maritime documentation
Metizoft provides a Document Agreement solution to suppliers in the maritime industry. By outsourcing documentation management to Metizoft, suppliers are assured that their required documentation is submitted correctly and punctually on their behalf.
“Our Document Agreement with Metizoft has enabled us to focus on what we do best, providing high-quality marine engines,” says Øyvind B. Seim at Pon Power.
The Document Agreement encompasses an Inventory of Hazardous Material (IHM), consisting of a Material Declaration (MD) and Suppliers Declaration of Conformity (SDoC). It may also include an Asbestos Free Declaration (AFD), REACH, RoHS and Conflict Minerals documentation and Environmental Product Declarations (EPD).
Moreover, the agreement includes quality assurance of sub-suppliers in a company’s supply chain.
BENEFITS
Metizoft cuts documentation costs
Maritime suppliers reap several benefits from outsourcing their documentation process to Metizoft. The agreement increases efficiency by helping suppliers to streamline and accelerate the process of collecting, creating and verifying required documentation. This results in lower costs, faster deliveries and fewer delays.
In addition, it reduces the risk of documentation errors and ensures suppliers are in compliance with regulations and industry standards at all times. Suppliers can therefore eliminate the time-consuming task of documentation management, allowing them to focus on their area of business.
MARKET POTENTIAL
Huge market for sustainable maritime solutions
New technology is continually enhancing the efficiency of the global maritime industry, which is expected to reach USD 191 billion by 2028.
Metizoft’s main target customers are suppliers and sub-suppliers to the maritime industry, mainly manufacturers of maritime equipment for vessels operating worldwide.