Logistics OCR

 

Logistics OCR

The increase in consumption and trade volume is growing the logistics sector day by day. This leads to more time-consuming repetitive document processes. In fact, logistics OCR applications are important in this respect.

The logistics sector is characterized by high volumes, time pressure and no room for errors. As the market is scattered across many stakeholders, large and small, it is difficult to digitize and standardize. This is why many processes in logistics still involve a lot of paperwork and manual processes.

Usually there are more than three batches in a logistics process. Buyer, seller, carrier, customs broker, etc. New documents are created at each of the  process steps between these parties. The parties physically share these documents with each other. However, each step requires a separate data entry effort. Document types in the logistics sector are often highly complex and semi-structured. These are therefore the most difficult document types for automatic data capture with OCR. In summary, if we look at OCR examples based on document type: 

Document Types in the Logistics Sector:

Bill of lading OCR: Another name for a bill of lading. It contains all kinds of information starting from the shipper, receiver and notification information.ı is a negotiable instrument. Load on boardis a legal document indicating the receipt of a shipped good, with the names of the sender and the recipient written on it. The buyer may not take delivery of the goods without this document.

CMR OCR Other name is Highway transportation bill. It is a road transport document used by countries that accept the provisions of the international CMR (Convention Marchandises Routiers) agreement and shows that the transportation is carried out according to the provisions of the CMR. The freight broker or transportation company issues it on behalf of the buyer. 

Airwaybill OCR: Also known as an airway bill of lading. It is a receipt issued by airline companies indicating that the goods have been received for transportation.

Customs Declaration OCR: In order for the customs clearance of the goods that will enter or leave Turkey within the scope of your foreign trade activities to be carried out, you must make a detailed notification to the customs office about this goods and the foreign trade transaction you have made. This declaration is called a “customs declaration”. The written customs declaration is realized by issuing a “customs declaration”. Customs legislation determines the form of the customs declaration, what information it will contain and how it will be filled out.

Invoice OCR: A financial document that serves as evidence of the commercial agreement of the cargo subject to transportation.

Apart from these, driving license, license, ATR etc. documents are also documents that need data capture in the logistics industry.

Benefits of Using OCR in the Logistics Industry: 

First of all, the use of OCR provides the following key benefits to the logistics industry:

  • Time savings: Automatically capturing data on logistics documents with the help of OCR technology saves time. Reduces manual data entry efforts.
  • Shortening lead times: Lead time is one of the most critical success indicators in logistics. Document processing is also a significant part of the total time. The faster this part is, the shorter the delivery times will be.
  • Fewer errors: Human data entry is highly error-prone. Mistakes in logistics have the potential for major consequences. OCR minimizes the error rate in automatic readings.

As a result, you can choose Papirus AI to sort and classify logistics documents and extract the necessary data. However, thanks to its ready-trained models, it is suitable for use in all your logistics documents.

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