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Automated Logistics Document Intelligence (Logistics Document Extraction)
Processing Time Reduction: From ~15 minutes/document to under 2 minutes (≈ 87% faster)
Industry
Logistics & Transportation
Region
Singapore
Technologies
High Level
Engagement Model: We build it once. You run it with ease
Are your logistics teams manually extracting data from invoices and manifests, slowing down operations and increasing errors?
Classifies incoming logistics documents using custom algorithms, then applies IDP to extract key fields like invoice number and bill of lading.
Industry
Logistics & Transportation
Region
Singapore
Technologies
High Level
Engagement Model: We build it once. You run it with ease
Are your logistics teams manually extracting data from invoices and manifests, slowing down operations and increasing errors?
Classifies incoming logistics documents using custom algorithms, then applies IDP to extract key fields like invoice number and bill of lading.
Technologies (High Level)
- AI/ML Classification Models
- Intelligent Document Processing (IDP) Platforms
- Python-based Automation Frameworks
- Business Impact
- Processing Time Reduction: From ~15 minutes/document to under 2 minutes (≈ 87% faster)
- Accuracy Improvement: From ~92% manual accuracy to 99.5% automated accuracy
- Throughput Increase: From ~400 documents/day to 3,000+ documents/day without additional headcount
- Annual Labor Cost Before Automation: ≈ USD $480,000 (6 FTEs)
- Annual Labor Cost After Automation: ≈ USD $120,000 (1.5 FTEs)
- Net Annual Savings: ≈ USD $360,000 (75% reduction)
- Payback Period: < 6 months