CST - Quiz 2 (Procurement Process)

This is a measure aimed at enhancing "maritime safety, and pollution prevention and to facilitate the prevention of maritime fraud” by assigning a unique seven digit number to propelled, sea-going merchant ships of 100 GT and above upon keel laying.

Ship Owners, Ship Managers, Ship Agents, Purchasers, Ship Yards

Users of ShipNet, BassNet, AMOS, NS5 and eSSM WebBuyer

Meaning of eSSM

Uses ShipServ to monitor their transactions and for supplier information

A buyer product that ShipServ offers for the latter’s suppliers to quote on-line

The list from the vessel becomes an __________ when given to suppliers.

Written authorization for a supplier to ship products at a specified price, which becomes a legally binding contract once the supplier accepts it.

A bid and asked price cited for the sale or purchase of commodity or security or a formal statement of promise by potential supplier to supply the goods or services required by a buyer, at specified prices, and within a specified period. It may also contain terms of sale and payment, and warranties.

It adds additional order management capabilities for suppliers , allowing them to better automate the fulfilling of orders