Challenges
A North American logistics company struggled with inefficiencies and errors in their manual data entry processes for extracting information from over 500,000 scanned Bills of Lading annually. This time-consuming and error-prone approach caused delays throughout supply chain. Client sought to improve operational efficiency, ensure data accuracy, and automate data extraction
Solutions
- SPARK.AI automates data extraction from Bills of Lading, streamlining operations and drastically reducing processing time, with 80% of documents processed automatically within seconds.
- The machine learning models in SPARK.AI provide high data accuracy, maintaining an 85% success rate in steady-state operations, while human validation enhances accuracy to over 95%.
- Human experts are engaged for critical validation and exception handling, ensuring the highest data quality.
Impact
- Achieved a 40% reduction in operational costs, freeing up SMEs' time for more strategic tasks.
- Attained 95% accuracy through the combination of machine learning models and human-in-the-loop validation.
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.
Get In Touch
Enter your information and describe your Inquiry.
We’ll get back to you as soon as possible. Thanks!