Mercado | Announcement - Mercado & Whitmor Partnership

Announcement: Mercado Labs introduces industry-leading Compliance Kits tailored to improve ESG & CSR throughout the international supply chain

Press Release | Mercado Labs

Mercado Labs introduces industry-leading Compliance Kits tailored to improve ESG & CSR throughout the international supply chain

August 24th, 2021
10 minute read
[Dallas, TX | August 2021]
Import Order Management System Mercado has officially launched Mercado Plan — the first step in connecting the entire end-to-end import supply chain process on the Mercado platform.
Designed for sourcing and purchasing teams, Plan automates and simplifies the process of vetting and maintaining compliance. Allowing importers to plan who they want to partner with more purposefully while also helping to ensure suppliers meet with internal standards and remain aligned for your entire professional relationship.

“Customers want to do business with vendors who align with their values and requirements,” Mercado CEO Rob Garrison said. “Plan addresses social, supply chain, and regulatory issues in a comprehensive manner. Technology allows importers to automate and validate alignment on critical issues such as ESG, resilience, and Customs to name a few.”.

Mercado Plan has many features geared toward helping companies streamline Environmental, Social, and Governance (ESG) and Corporate Social Responsibility (CSR) processes, including:

  • Managing the entire supplier onboarding process, from document submission, to quote management, pricing, and final agreements
  • Establishing compliance standards and enroll suppliers into predefined workflows to ensure vetting and compliance adherence
  • Implementing fully customizable courses tailored to your compliance needs
  • The ability to create quizzes based on compliance needs
  • Aligning your expectations with those of your suppliers across social, supply chain, and regulatory compliance standards
  • Analytic reporting categorized by supplier

“Plan addresses social, supply chain, and regulatory issues in a comprehensive manner. Technology allows importers to automate and validate alignment on critical issues such as ESG, resilience, and Customs to name a few."
– Rob Garrison, Mercado CEO

These features allow importers to improve overall supplier compliance by enhancing the ability to vet and measure compliance from the start — holding all parties accountable.

Plan is the first of its kind in the supply chain, finally allowing importers to rest easy and be assured their suppliers are meeting all supply chain, regulatory, and governmental compliance regulations.

By having the ability to approve or reject suppliers based on course outcomes, importers are able to take appropriate actions sooner rather than later. Thus preventing misconduct or malpractice on the supplier side thanks to clearly delineated expectations and on-going monitoring.

“We’re excited to offer this level of visibility to our customers as part of our suite of solutions,” Mercado Product Lead Rebecca Rizzuti said. “Our goal is to help importers improve not only their supplier relationships, but also improve internal compliance and planning network partners more purposefully.”

Plan connects to Mercado’s additional applications—Buy and Move—meaning that for the first time ever, the end-to-end supply chain is digitally connected across the board.

Discover more about how Mercado’s digital supply network helps importers Plan, Buy, and Move the products they sell by visiting mercadolabs.com/online-importing or getting in touch with us directly here.
About Mercado
Mercado Labs is an import order management system using a proven methodology to drive incredible results. The Mercado Method is used by importers to automate the process of managing millions of dollars of inventory across their import supply chain — from first mile to final mile.

For more information, spokespeople, pictures, and interviews relating to this announcement, please contact:
Mercado | Team - Kayleigh Hansen
Kayleigh Hansen
Marketing Specialist
kayleighhansen@mercadolabs.com
Mercado | Bring Order to your Imports
                                               
© Mercado Labs Inc.
From us to you...

Thank you for using Mercado. Our goal is to empower businesses to better navigate the complex world of importing. We know data security is of paramount importance, so we place high standards on ensuring it is safely and respectfully secured. We are committed to following and continuously evolving best practices to support this principle. Your data is yours, and we guard it closely. We do not sell any of your information, and we will always be fully transparent on how we collect and use your data. That's a promise.
Mercado | Bring Order to your Imports
                                               
© Mercado Labs Inc.
From us to you...

Thank you for using Mercado. Our goal is to empower businesses to better navigate the complex world of importing. We know data security is of paramount importance, so we place high standards on ensuring it is safely and respectfully secured. We are committed to following and continuously evolving best practices to support this principle. Your data is yours, and we guard it closely. We do not sell any of your information, and we will always be fully transparent on how we collect and use your data. That's a promise.