YACHTNEEDS partners with IDEA Data Solutions in their mission to improve superyacht crew purchasing powers: Think ‘Amazon’ but for superyachts.
Unveiling the Strategic Partnership Between YACHTNEEDS and IDEA Data Solutions
The industry-first, custom-built marketplace, YACHTNEEDS, is on a mission to streamline the sourcing and purchasing of yacht products globally, getting yachts the product they need, when they need them and in their location of choice. The socially-driven platform recently partnered with the leading yacht management software supplier, IDEA Data Solutions.
From Pain Point to Solution: The Birth of YACHTNEEDS
YACHTNEEDS was founded from the popular pain point of yacht crews trying to find trusted providers when sourcing yachting-specific products. The developed marketplace has removed the burden of contacting multiple vendors and enabled an extremely easy and digital method of purchasing products.
Rather than a monopolised market, YACHTNEEDS gives the user the most benefit allowing freedom of choice, whether that user wants their selection based on value, delivery location or time. The platform currently hosts over 100,400 part-codes from leading brands, manufacturers which are sold by 100’s of reputable local sellers. YACHTNEEDS uploads around 100-500 products daily, continually updating pricing and availability. After securing a funding round of €1.25 million, YACHTNEEDS continues to expand while making strategic partnerships like this one with IDEA.
Transforming Yacht Operations with IDEA’s Software Solutions
IDEA Data Solutions: Intuitive yacht software
IDEA Data Solutions is a market-leading yacht management software company, providing a full range of solutions across the globe. Aligning with the YACHTNEEDS mission to streamline purchasing processes, the intuitive solutions offered by IDEA also streamline processes onboard for the crew through their complete and easy-to-use software solutions.
IDEA currently has 1,400 yachts ranging between 25-140m. The software assists yacht crew with their day-to-day tasks. With over 20 years of experience, IDEA YACHT has been developed to support yachts, particularly in maintenance management, inventory, stock control, and purchasing.
Streamlining Superyacht Procurement and Management Together
The Partnership
This partnership combines both companies’ experience and existing efforts to streamline processes. The synergies of the two platforms, YACHTNEEDS as the pioneers in digital procurement and IDEA as the market leaders in preventative market systems, create a simple and easy solution to the complete journey of crew purchasing products onboard, making the whole process quicker and easier, improving the standard procurement procedure.
Simplifying Superyacht Maintenance and Inventory Through Collaboration
The partnership has resulted in direct access from a yacht’s database with one click-through to purchase on YACHTNEEDS. With this partnership, the crew can have the confidence and choice back in finding the correct parts. When crew require certain products for scheduled maintenance tasks – such as specific engineering parts – with just one click from IDEA, the user is navigated to that specific product they require on YACHTNEEDS with purchasing options in a matter of seconds. The item has various defining characteristics with multiple identifiers, directing the user to what they need.
If it is the case whereby a specific product is not listed on YACHTNEEDS, the user will be taken to that category (for similar products) or a landing page, which can direct them to provide details resulting in a quotation from YACHTNEEDS in a 24-48 hour window.
The partnership gives both companies’ users the highest level of service. A user on IDEA YACHT will no longer have to list multiple suppliers but can now list YACHTNEEDS as a sole supplier, making payment and procurement much more straightforward.
Reflecting on the Impact and Future of the YACHTNEEDS-IDEA Alliance
“We are delighted to announce our partnership with IDEA Data Solutions; having our YACHTNEEDS marketplace connected to one of the leading software management tools streamlines the day-to-day management for all users, from start to finish.
Our core focus at YACHTNEEDS is to bring options, ease, and efficiency to crew by selling over 100,400+ part codes sold by hundreds of local sellers on one platform – ensuring what crew order is exactly what they receive.
With this partnership, we are revolutionising the system of maintenance procurement. Crew can now easily navigate from undergoing a task on IDEA Data Solutions to our superyacht-specific marketplace – it ticks all the boxes.
I am incredibly excited to see the growth of this partnership and how far we can take our technologies within the industry. “ – Tony Stout. Founder of YACHTNEEDS.
“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.” – Jan Langweg. Head of Professional Services and Business Development at IDEA Data Solutions.
Looking Ahead: Innovations and Expansions on the Horizon
The Future
As well as this strategic partnership, YACHTNEEDS is continually developing their marketplace. They are adding features regularly and have a lot more in the pipeline for the future. The socially-driven aspect enables regularly requested and popular products to feature, and any product that isn’t there to be sourced and added as and when requested. They aim to develop their profiling feature for yachts, adding specific products according to yacht type and a ‘suggestion’ feature.
YACHTNEEDS marketplace