• Home
  • News
  • Lloyd’s Register and SupplHi innovate to disrupt the $900bn marketplace for industrial equipment and services
  • 2017 November 1 09:21

    Lloyd’s Register and SupplHi innovate to disrupt the $900bn marketplace for industrial equipment and services

    Lloyd’s Register (LR) has established a strategic partnership with SupplHi, the leading vendor management digital platform for complex industrial goods and services, LR said in a press release.

    The online SupplHi platform (supplhi.com) currently details 17,000+ vendors from 100+ countries in more than 2,250 categories of critical goods and services, and tracks 4,200+ projects globally. It is used by global buyers every month as a unique point of access to structured, constantly updated vendor information.

    This partnership creates new standards of assurance in the buying process for critical supplies. By integrating LR’s proven vendor-assessment services in the innovative Vendor Passport™ solution, SupplHi will continue to reduce the cost of vendor scouting, pre-qualification and qualification processes of buyers by streamlining their processes.

    The Vendor Passport™ offers LR-assured assessment of a vendor's ability to deliver complex goods and services, including a visit to each manufacturing facility. The Vendor Passport™ program provides benefits for both vendors and buyers along the entire supply chain, increasing visibility and confidence, accelerating procurement decisions, and lowering costs.

    Massimo Alvaro, Vice President Supply Chain Assurance for LR, commented: “We recognise that buyers want to understand which vendor can supply a specific, compliant product or service – yet they also have to demonstrate how they can reduce assessment costs. Vendors want greater access to a diverse, global network of potential buyers to increase sales. The combination of the SupplHi platform and LR’s vendor assurance services with Vendor Passport™ will give both sides what they are looking for, without duplication of time and investment.”

    LR approached SupplHi in order to develop new propositions for its clients – sensing a strong demand for additional vendor intelligence provided by a trusted assurance provider.

    “In jointly delivering the Vendor Passport™, we can accelerate the digital innovation of pre-qualification and qualification systems of international buyers, thereby complementing or replacing traditional processes which are more costly and can take a long time,” said Giacomo Franchini, Director of SupplHi. “We found a great fit with LR’s leading position in asset-rich sectors, such as oil and gas, marine and offshore, power generation, and industrial manufacturing.”

    The partnership underlines LR’s strategy to become a leader in supporting clients through the digital transformation of their industries, building a portfolio of investments and partnerships to tackle the challenges and opportunities of Industry 4.0.

    “This fits extremely well with LR’s innovation focus and our vision of combining human intelligence with data-driven technology,” added Pascal Coudeville, COO LR Manufacturing Inspection Services. “It also proves that we are not afraid of disrupting and innovating traditional processes where it adds value to our customers.”

    "Vendor Passport™" is a registered trademark jointly owned by SupplHi and LR.

    About Lloyd’s Register
    Lloyd’s Register (LR) is a leading provider of engineering-centric, global professional services that improve the safety and performance of complex, critical infrastructure. Through its solutions and through a charitable arm, the Lloyd’s Register Foundation, it fulfils its mission to work together for a safer world by supporting education and providing unbiased world-expert research and education in science and engineering. Founded in 1760 as a marine classification society, LR now operates across many industry sectors, with some 8,000 employees in 78 countries.




2021 December 4

15:21 MOL and Flotation Energy to explore offshore floating wind in Japan
14:51 Sembcorp Marine's LMG Marin to design world’s first zero-emission fuel tanker
13:09 USCG, royal Turks and Caicos Islands Police Force sign MOU
12:34 The Hurtigruten terminal has been renamed Jektevik terminal
11:02 Port of Rotterdam Authority embarks on partnerships with three promising maritime companies

2021 December 3

18:26 Hydrographic Company set to establish Center of Engineering and Technical Expertise
18:07 ABP Humber complete oil spill incident management exercise
17:52 Wärtsilä OPTI-DP Engagement Tool supporting the marine industry to configure optimised propulsion arrangements for DP vessels
17:45 Ocean Network Express conducts a joint crisis management drill with Seaspan Corporation
17:40 Transport Strategy of Russia until 2030 with forecast until 2035 published on official portal
17:22 MSC adds Hamburg to its feeder service „Baltic Loop 3“
17:02 Vyborg Shipyard launches KMT01 trawler named Kara Sea
16:32 South African minister visits Port of Rotterdam to discuss hydrogen exports
16:05 PD Ports contracts Konecranes to convert four RTGs to electric
15:31 Four Jones Act CTVs built to ABS Class to support U.S. offshore wind development
15:17 ABS, NYK, MTI and WinGD team-up to verify design with modeling and simulation
14:03 Jurong Port joins the Castor Initiative
13:30 ABS awards sustainability notations to two Harvey Gulf vessels
13:04 Kapitan Dranitsyn and Admiral Makarov icebreakers reinforced icebreaker group on NSR
12:57 Royal IHC delivers key components for “R.B. Weeks” to Weeks Marine
12:42 Icebreaker assistance season begins in White Sea waters
12:17 Sailing practice of 2021 on Mir sailing ship successfully completed
11:21 NCSP Group's consolidated revenue for 9M’2021 rose by 9.3%
10:53 Foreign contractors can be involved to build LNG-powered icebreakers for Arctic
10:38 MABUX: Bunker prices may demonstrate multidirectional changes with tendency to grow on Dec 3
10:29 The Korean Register publishes guidance for containers loading on bulk carriers
10:20 MSU-1 to perform reconstruction of Gorodetsky hydrosystem locks
09:57 Annual repair dredging in Gulf of Ob from 2023 estimated at 5 million cbm
09:35 Crude oil prices rise on OPEC+ decision to keep oil output increase in January
09:18 Baltic Dry Index as of December 2

2021 December 2

18:36 NRP buys handysize drybulk carrier
18:06 2M Alliance’s Far East liner service „AE 7/Condor“ calls at Hamburg again
17:54 Icebreaker assistance season starts in Big Port St. Petersburg on December 7
17:36 Vitol is first customer to approve completely digital inspection of cargo tanks
17:15 BIMCO launches new contract for employment of security escort vessels
16:45 GTT will design the tanks of four new LNG carriers ordered by Daewoo Shipbuilding & Marine Engineering to operate in Arctic waters
16:25 MOL announces delivery of next-generation coal carrier 'EeneX' series
16:05 PSA & ONE launch environmentally friendly barge service at Jurong Island Terminal
15:42 “K” Line conducts trial use of marine biofuel for decarbonization on car carrier
15:38 Wärtsilä wins order to supply cargo handling system for second LNG bunker vessel being built by Fincantieri Bay Shipbuilding
15:23 Verifavia launches industry’s first real-time carbon intensity indicator dashboard
14:55 Two more LK-60 icebreakers needed for regular year-round navigation on Northern Sea Route
14:28 Equinor and SSE reach financial close on the third phase of the world's biggest offshore wind farm
14:04 Nuclear-powered icebreaker Sibir to commence operation in Kara Sea in early January 2022 – Vyacheslav Ruksha
13:42 MABUX: Bunker Weekly Outlook, Week 48, 2021
13:02 European shipowners call for further action in the Gulf of Guinea
12:40 Rolls-Royce to supply eight mtu engines for new Svitzer tugs in Brazil
12:01 Throughput of Azov port in 11M’2021 climbed by 1% YoY
12:00 NORDEN simplifies business unit structure
11:36 Norway’s Eksfin tops NOK 10bn in offshore wind financing as Dogger Bank C reaches financial close
11:34 Annual throughput of Severnaya Zvezda project on Taimyr peninsula to exceed 7 million tonnes from 2026
11:10 MABUX: Uncertainty on Global bunker market to continue on Dec 02
10:00 Digital Twin Conference 2022 to be held virtually on 11-12 May 2022
09:33 Crude oil prices are rising in expectation of OPEC+ meeting
09:19 Baltic Dry Index as of December 1

2021 December 1

19:15 PortNews to hold Ship Repair, Modernization and Components Conference on 20 September 2022 in Saint-Petersburg
18:31 DP World celebrates 2,000 members of the Digital Freight Alliance
18:07 CMA CGM and Shell perform first Bio-LNG bunkering operation in Rotterdam
17:42 8 new fuel-efficient ships to join the X-Press Feeders fleet
17:26 Danish Smyril Lines Cargo starts second service between Iceland, the Faroe Islands and Rotterdam