YACHTNEEDS, a custom-built marketplace for sourcing and purchasing yacht products all over the globe has partnered with leading yacht management software supplier, IDEA Data Solutions.
Founded in 2015 in Monaco by Tony Stout, YACHTNEEDS was born from a recurring problem of yacht crews struggling to find trusted suppliers when sourcing yacht specific products in worldwide locations. The Amazon style marketplace has streamlined the process and removed the burden of contacting multiple vendors. The platform allows users freedom of choice with search results based on value, delivery location or timescale and currently hosts over 100,400 part codes from leading brands and manufacturers, sold by reputable local sellers.
The company uploads between 100-500 products a day, continually updating pricing and availability. Having secured funding of €1.25 million, Yachtneeds is able to expand and make strategic partnerships with companies such as yacht software specialist, IDEA Data Solutions.
With over 20 years experience, IDEA Data Solutions is a market leading yacht management software company with an existing database of 1,400 yachts ranging between 25-140m. Their intuitive software solutions streamline processes on board for the crew particularly in maintenance management, inventory, stock control and purchasing.
The partnership between these two companies combines their experience in streamlining processes for yachts to create a simple and easy solution for crew purchasing and procurement. This alliance has resulted in direct access from a yacht’s database with one click-through to purchase on YACHTNEEDS. When crew require a specific product for scheduled maintenance, with one click from IDEA, they are navigated to the product they require on YACHTNEEDS with various purchasing options in a matter of seconds.
Should a product not be listed, the user will be taken to a category including similar products or a landing page where they can provide details that will result in a quotation from YACHTNEEDS within 48 hours.
This partnership gives both companies users the highest level of service. A user of IDEA YACHT no longer has to list multiple suppliers but can now simply list YACHTNEEDS as a sole supplier, ensuring both procurement and payment are much more straightforward.
When asked about this new partnership, Tony Stout said, “We are delighted to announce our partnership with IDEA Data Solutions; having our marketplace connected to one of the leading software management tools streamlines the day-to-day management for all users, from start to finish. I am incredibly excited to see the growth of this partnership and how far we can take our technologies within the industry.”
Jan Langweg, Head of Professional Services and Business Development at IDEA Data Solutions also commented, “We’re delighted to be partnering with YACHTNEEDS to provide a seamless purchasing experience for our users. From the initial point of detecting a task and the products needed to undertake it, to ensuring that onboard inventory is fully stocked and up to date, ensuring our workflows are as streamlined as possible is an absolute priority for IDEA. The ability to navigate to YACHTNEEDS marketplace from within a purchase order makes this process even easier and will cut out unnecessary steps to get the products they need when they need them.”
