Challenges
A UK parcel delivery provider sought to enhance its compliance posture by transitioning from its current 5% sample checks to a comprehensive 100% audit of all export and import parcels.
These meticulous checks aimed to thoroughly scrutinize parcel descriptions, verify declared Harmonized System (HS) codes, validate weights and values, confirm origins, and ensure adherence to prohibited item lists.
The objective was to detect any discrepancies or compliance deviations and proactively address them to minimize risks and safeguard the company’s reputation.
Approach
Phased approach to Machine Learning (ML) and Artificial Intelligence (AI) implementation
Data Gathering and Modeling:
- Utilize past data as training data for modeling
- Employ ML and AI techniques to develop initial models
Rule Checks and Human Intervention:
- Establish rule checks to validate AI results
- Implement human intervention to refine AI output
Phased Rollout:
- Phase 1: Deploy AI for a limited set of items and rules
- Phase 2: Expand AI coverage to the full dataset
- Phases 3 & 4: Implement AI on platform for scalability, user interface, dashboard, and analytics
Impact
- Achieved 100% compliance and mitigated fraud risks
- Streamlined processes with automation and improved efficiency
- Reduced audit turnaround times substantially
Uncover how Straive transformed a leading express parcel delivery provider into a compliance powerhouse. Gain valuable insights into our successful collaboration and discover the secrets to achieving 100% compliance.
About Us
At Straive, we operationalize data analytics and AI for global enterprises. We leverage our unique people-process-tech framework to build the best-of-breed data analytics & AI solutions. By operationalizing this solution into your core workflow, we deliver real-world measurable impact and better ROIs through a combination of higher efficiency, elevated experiences, and enhanced revenues.
For more information about our services and how we can help you operationalize data analytics and AI, please visit our website: www.straive.com contact us at contact@straive.com.
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