Mercado | Breaking down supply chain terminology

Support: Who needs an import Order Management System (iOMS)?

Article | Supply Chain 101

Who needs an import Order Management System?

Who needs an import Order Management System?

If you import, you need an Import Management System, also known as an IMS.

Not sure what an IMS is? Check out this 1 minute article.

A typical Purchase Order (PO) has a value of $50,000, involves 28 people, eight departments, seven business entities, and takes four months to complete. Without an IMS, this process is inefficient, opaque, and high risk. An IMS gives importers back the control they need to improve their processes, build in automation, and gain valuable insights that enable them to save time and money.

So why do you need an IMS?

Importing is a costly, time consuming, disconnected, and largely manual business. An IMS connects, automates, simplifies, and improves the entire process. The benefits are many, however the results are improved time to market, reduced costs, and increased sales.

What is an iOMS?

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About Mercado

At Mercado Labs, we know your product is the lifeblood of your business. And yet managing your imports has become increasingly complex over recent years, with products taking on average 5 months to receive, suppliers located thousands of miles away, and external forces – from trade wars to global pandemics – creating extreme uncertainty. Most of the process is analog and takes far too long. So we wanted to change that.

The Mercado platform helps importers to better manage their orders from source to store. By focusing on the First Mile – the initial 120 days of an order – we help businesses optimize their global trade, eliminating pain and mitigating risk across the supply chain.


Get in touch and find out what Mercado can do for your business.
Mercado | Bring Order to your Imports
                                               
© Mercado Labs Inc.
Designed by Studio Nine
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.
Designed by Studio Nine
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.