Procurement & Contracts
Manage orders, negotiate contracts, and track procurement activities
AI Contract Negotiation Assistant
Based on market analysis and historical data, we've identified optimal contract terms for your upcoming renewals. Predicted savings: $124,500 annually.
Global Marine Fuels
activeCON-2024-001 • Annual Supply Agreement
Ports Covered
Fuel Types
Total Volume
60,000 MT
Contract Value
$38.7M
Period
Jan 1, 2024 - Dec 31, 2024
Compliance
EuroFuel Supply
expiringCON-2024-002 • Quarterly Agreement
Ports Covered
Fuel Types
Total Volume
24,000 MT
Contract Value
$15.8M
Period
Jan 1, 2024 - Mar 31, 2024
Compliance
Contract Expiring Soon
This contract expires in 45 days. Consider renewal or negotiation.
Middle East Bunkers
completedCON-2024-003 • Spot Contract
Ports Covered
Fuel Types
Total Volume
12,000 MT
Contract Value
$7.6M
Period
Feb 15, 2024 - Feb 28, 2024
Compliance
AI Contract Insights
Cost Optimization
Renegotiating CON-2024-002 terms could save $28,400 based on current market rates
Renewal Alert
3 contracts expire within 60 days. Start renewal process now to avoid gaps
Price Trend Alert
VLSFO prices trending down. Consider locking in long-term rates
Upcoming Actions
Contract Review Meeting
Jan 28, 2025 • 2:00 PM
Supplier Negotiation
Feb 1, 2025 • 10:00 AM