MOL And MOL Drybulk Complete Core Systems Modernization To Power Digital Transformation Initiatives
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) and MOL Drybulk Ltd. (MOL Drybulk; President and Representative Director: Kazuhiko Kikuchi) announced today that they completed the replacement of their current core systems for ship operations, fuel procurement, finance, and accounting with a variety of cutting-edge cloud-based business application software (SaaS: Software as a Service) that they adopted in April this year. (Note 1)
This time, MOL and MOL Drybulk incorporated SaaS to pursue the Fit-to-Standard approach (a technique for adapting operations to the systems) after thoroughly evaluating and standardizing the processes for the operations covered by the systems.
MOL positioned digital transformation (DX) as the foundation to enable its business strategies (portfolio strategy, environmental strategy, and regional strategy) and initiatives to enhance organizational strength while implementing workstyle reforms in its fiscal 2022 management plan, “Rolling Plan 2022.”
MOL and MOL Drybulk will accelerate efforts to use digital technology to address various social and general management issues, such as addressing GHG emissions by sharing accumulated vessel and operational data, while leveraging the renewal of the core systems as a cornerstone to further promote DX initiatives. Additionally, the two companies will advance the thorough standardization of operations implemented this time to promote business structure reforms.
(Note 1) Veson Nautical’s “Veson IMOS Platform” is adopted for ship operations (charter contract management, ship operation management, fuel management, income/expense management, etc.), ZeroNorth Bunker procurement solution is used for fuel procurement and analytics, and SAP Japan’s “SAP S/4HANA® Cloud” covers financial and accounting operations.
Reference: MOL
Shipping News You Would Like:
Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Do you have info to share with us ? Suggest a correction
Latest Shipping News You Would Like:
U.S Navy And The Philippines Begin Joint Naval Drills In South China Sea Amidst Tensions With China
Captain Of Cargo Ship Carrying €157million Worth Of Cocaine Appears In Wexford Court
Indian Navy’s First Training Squadron Warships Arrive At Port Klang, Malaysia
Environmental Groups Demand Rules To Protect The North Atlantic Right Whale From Ship Collisions
U.S Navy And Lockheed Martin Fire Submarine-Launched Ballistic Missile With A 4000 NM Range
Get the Latest Maritime News Delivered to Your Inbox!
Our free, fast, and fun newsletter on the global maritime industry, delivered everyday.