Bills of Lading processing for shipping

98.46%

accuracy

99%+

reduction in manual errors

$2M+

in annual savings

CHALLENGE Overview

Commodity traders and logistics providers process thousands of Bills of Lading on a daily basis. Often it is done manually, which is prone to human errors. Further, previous attempts to automate the extraction of data from semi-structured documents had failed to meet the levels of accuracy required due to the variability of the BOLs. ​

For instance, after years of working with a legacy IDP vendor, a global logistics company was only able to achieve 30% accuracy, processing 10M+ BOLs annually with a majority needing to be processed manually.

Client

Tier 1 Global Logistics Company

Goal

Create a trained model to accurately extract data using a small number of sample documents.

WHAT WE DID

AYR automated the classification process, leveraging capabilities such as human-in-the-loop (HITL) capability to send exceptions for specialists for review to improve future models.​

Our solution enabled greater accuracy and improved employee productivity, unlocking more time to focus on higher value activities.

IMPACT