W13_DI_2013 SHIP MANAGEMENT BIDDING

1.  Problem recognition, definition and evaluation

Management already decided to use other Ship Management to manage some tankers. The goals are not only to increase financial and operational performance but also for giving in-house ship management positive competitor. Now, we are in a bidding evaluation process to choose the best and suitable ship management.

2.  Development of the feasible alternatives

There are 3 best bidders that survived until stage 3 bidding, as follow:

          - Ship Management A

          - Ship Management B

          - Ship Management C

3.  Development of the outcomes

Evaluation will use compensatory models decision making with scoring system.

4.  Selection criteria.

The acceptable criteria in this bidding evaluation are:

          a.       Minimum requirement, as follow:

 Figure - 1. Minimum Requirement List

      b.  Weight requirement using scoring system with component, which is presence, experience, systems, people, regulation compliance and other.

5.    Analysis and comparison of the alternatives

 Attributes Weight:

                                                              Figure - 2. Weight Requirement detail

   Weight Scores

   Minimum Requirement:

                                                                       Figure - 3. Result 1     

Weight Requirement:

                                                               Figure - 4. Result 2

   

6.  Selection of the preferred alternative

Base on calculation above, Ship Management C become the winner of this bidding with all minimum requirements fulfilled and scores 3,41.

7.    Performance Monitoring & Post Evaluation of Result

This bidding evaluation will be used to construct Ship Management KPI to monitoring and evaluation every quarter years.

Beside all requirement mentioned, we also need to analyze financial component. It will be discussed on next blog posting.

Reference: 

        i.      Maritime Research, Drewry. (2012). Ship Operating Costs Annual Review   and Forecast (annual report 2012/2013),  Section 3 Operating Cost Oil Tanker.

       ii.      Shipping Consultant, Drewry. (2006). Ship Management,  Section 4

      iii.      William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling (2011), Engineering Economy (15^th Edition), Chapter 14