MEMPHIS, Tenn.--(BUSINESS WIRE)--ILS unveils a new and improved version of its marine marketplace (ILSmart), to provide increased functionality and more business opportunities for its global customer base.

ILSmart allows users to search three unique data sets with one click, providing a consolidated view of all the relevant information pertaining to the item searched. The data sets include: the complete list of inventory on ILSmart, all suppliers listed in the marketplace, and all messages sent on the ILSmart worldwide system.

ILS is continually working to simplify the purchase and sale of Marine spares. Subscribers to ILSmart will have the ability to immediately send request for quotes (RFQs) to suppliers, eliminating time consuming processes such as phone calls and faxing. Suppliers will also be able to respond instantly with a quote through the new marketplace.

Suppliers wanting to sell more inventories to the global market can list their inventory on ILSmart more frequently through a more efficient process. Inventory listings can be updated directly through the website on a daily basis, making sure ILSmart customers have access to the most current inventory available.

“Since our company began, ILS has worked to develop the best forum possible for companies to buy and sell marine parts,” said Don Wilson, Vice President of Sales at ILS,“ and this new site will provide some much anticipated functionality that we believe will greatly benefit our customers.”

About Inventory Locator Service,® LLC, A Boeing Subsidiary: (http://www.ILSmarine.com)

Since 1979 ILS has managed the world’s most active marketplace for the aviation, defense and marine industries. ILS provides a global marketplace that brings together marine buyers and sellers of spares, equipment, and services around the world. We help locate marine spares, diesel engine parts, and services from ship owners, operators, manager, suppliers and repair facilities.

ILS provides government logistics data as well as inventory & MRO process management solutions. ILS gives customers more ways to achieve profitability and productivity.

Headquartered in Memphis, Tenn., ILS has U.S. and international offices which include China, France, Germany, Italy, Turkey and United Kingdom.