Online e-procurement portal for marine spares and equipment ShipParts.com is taking part in a project to investigate how additive manufacturing, more commonly known as 3D printing, could revolutionize the way in which spare parts are procured and delivered.
ShipParts.com has been operating for some five years, and has built up a client base of more than 1,800+ buyers and around 17,000+ sellers actively trading on the platform. Sellers are from all corners of the globe, including European, American, Chinese, Japanese and Korean manufacturers and partners.
The company says that digitalizing procurement processes can cut order processing time for spare parts by 80%, a key consideration for the marine industry, where reducing off-hire time for ships is critical.