In the global situation, it is critical that we reflect on and emphasize the importance of the marine industry to our country and the rest of the globe. It is how we make trading of important daily goods and services possible to continue to promote our industries and encourage job creation. This article will focus on the recent circumstances of sea transportation and its management, and an introduction of an effective software solution.

The recent circumstances of water transportation

For a long time, shipping has been the primary mode of transportation, it plays an important role, as a widely used communication link connecting coastal cities, countries, and continents. Besides railway transportation and air transportation, water transportation is the most cost-effective and ecologically friendly way to travel or carry goods. The worldwide shipping sector today transports roughly 90% of all global trade.

Parallel to the exceptional growth of conventional sea-related industries, the maritime sector has seen substantial qualitative and quantitative growth with the occurrence and development of two new industrial growth poles: offshore oil exploration and production and the cruise industry. And to ensure all of them run continuously and smoothly, it is impossible not to mention the great contribution of the shipping industry at sea.

Management issues in the maritime industry

Transporting nearly 90% of total global trade in goods, the maritime industry is facing many challenges in the double wave of Covid-19 and the economic crisis. That makes the lives of many marine workers around the world are being seriously affected. At least 200,000 sailors are still onboard ships all across the world, waiting to be replaced and brought home. However, there are always possible physiological and psychological concerns for sailors during a pandemic. The dangers of ship operation, as well as the risks to the overall freight transport system and international trade, are far more serious.

Currently, there are still many units and companies that still use old and ineffective management methods. These techniques are both costly and difficult to manage on a large or very large scale. Management with normal papers or notes can lead to loss of data and history of ships voyages.

WAYL - Solving difficulties for the maritime industry

Budget planning

This software provides solutions to budget management problems. Realizing that, in shipping activities, there are always unexpected events that cause damage to property, people, and the environment. The software will calculate and provide data on the estimated costs to minimize the impact they cause.

Maintenance history

WAYL ensures to store information about the ship’s condition so that it can conduct periodic inspection and maintenance of equipment and components on board, helping the ship to always be in the best state in the next sailing trips.

Stock and purchasing

The software distinguishes between collecting receivables and collecting money from sales, as well as collecting client advance payments. At the manager’s request, each cash collecting transaction requires the printing of a separate voucher form.

Goods are managed according to the smallest unit but still capable of converting in many different units when performing transactions of buying, selling and transferring, exporting, and importing warehouses. There is a clear inventory process, when goods are in abundance, it is ready to support the process of parts inventory by product group or by item. For items that have a short shelf life or are about to expire, they can be converted to low-quality goods to free up inventory.

Conclusion

WAYL is a totally necessary software for the maritime industry. It provides a synchronous system, user-friendly interface that makes operations simpler and easier than traditional management methods.