PackageX Unveils On-Device OCR and Enhanced AI Models for Shipping Label Scanning
July 29 2024 - 9:30AM
Business Wire
PackageX, the leading provider of inbound receiving and AI
scanning logistics software, has driven significant improvements to
its AI capabilities and Shipping Label OCR, improving the workforce
efficiency and receiving processes for buildings, warehouses, and
campuses.
Since 2018, PackageX has successfully led the market in AI
scanning solutions for logistics teams. Today, the PackageX AI team
has furthered innovation by successfully training the Shipping
Label OCR on over half a million shipping labels, improving the
accuracy of data capture by over 14%. This achievement marks a
significant milestone in the company's pursuit of cutting-edge AI
solutions and its commitment to automating traditionally manual
logistics processes.
The results are:
- 96% accuracy when scanning shipping labels
- 3x improvement in receiving speed at warehouses and
mailrooms
- Doubled efficiency for workforces processing shipments
“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,”
said Farrukh Mahboob, Founder and CEO at PackageX.
In addition to more robust training for the cloud AI models,
PackageX is announcing its new on-device OCR capability, enabling
real-time scanning and extraction of shipping label data directly
on mobile devices, eliminating the need for internet connectivity
and ensuring rapid data processing for improved efficiency and
security.
“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,” explained Asim Darwaish, Head of AI & Data
Science at PackageX. “Particularly in logistics, where transactions
are complex, and the margin for error is minimal, large models fall
short. PackageX is pioneering this approach by transitioning from
cloud-based solutions to on-device models, enabling real-time
scanning and extraction of essential logistics attributes with
unparalleled speed and accuracy.”
About PackageX
PackageX is a modern logistics platform that helps warehouses,
stores, and buildings multiply workforce efficiency and reduce
operational costs. We digitize data with groundbreaking AI
scanning, orchestrate receiving and fulfillment workflows with
easy-to-use apps, and extend legacy back-office systems with
flexible APIs. Today, over 100 leading brands, like Ricoh, Chicos,
WeWork, and Hilton leverage PackageX.
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Media Contact Alyssa Cuda Senior Content Marketing
Manager alyssa@packagex.io 2108311567