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- PackageX Enhances AI Capabilities with Improved Shipping Label OCR
PackageX Enhances AI Capabilities with Improved Shipping Label OCR
Slice of Retail Team
August 02, 2024
Key Highlights:
96% accuracy in shipping label scanning
3x improvement in receiving speed at warehouses and mailrooms
Doubled efficiency for workforces processing shipments
New on-device OCR for real-time, offline data processing
Source (Business Wire)
Notable Quotes:
“PackageX’s Vision and AI team has worked tirelessly to develop our enhanced AI model, which will be instrumental in improving inbound receiving processes by expediting data capture from shipping labels, increasing throughput in mailrooms and warehouses, and connecting key systems in the supply chain via digitized data.”
“While large language models (LLMs) and general artificial intelligence (Gen AI) capture headlines, the true potential for innovation lies in developing small, specialized models tailored to specific use cases.”
Our Take:
PackageX’s advancements in AI and Shipping Label OCR demonstrate a significant leap forward in logistics technology. By focusing on specialized AI models, PackageX has not only enhanced data accuracy but also substantially improved operational efficiency for its clients. The introduction of on-device OCR capabilities ensures rapid, offline data processing, which is a game-changer for environments where connectivity can be an issue. This innovation solidifies PackageX’s position as a leader in the logistics industry, driving automation and efficiency to new heights.