Simplify Your Worldwide Logistics Network
The purpose of an importer of record is to make international shipping easier. The fact that there are so many parties involved increases the chance of mistakes being committed. Through process project management, the IOR brings suppliers, distributors, and end users into alignment. Being an IOR is more challenging than it may seem. Because of this, you may feel secure knowing that when you work with a reliable IOR partner, all accountability and risk are removed from you and your company.
Foreign Companies Need IOR Services
- This approach necessitates a significant financial outlay for a market in which the foreign business may or may fail.
- The foreign firm may import its goods into and test the market by working with an Importer of Record.
- It reduces the risk of not attaining product-market fit by enabling the international firm to ascertain if their product sells.
- Therefore, a foreign firm may access the market with less time and money invested by engaging an importer of record service provider.
Considerations Before Using IOR Services
Consider the following questions while determining whether you should hire an importer of record yourself.
- Do you plan to import goods regularly?
- Are you doing the compliance duties as a group?
- Are all the licenses and certificates required for the import of your goods known to you?
- Are you aware of the steps required to clear and import goods?