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Eurora to automate DPD declarations
[ October 24, 2022 // Chris Lewis ]Parcels firm DPDgroup is to use Eurora Solutions’ platform to enhance its quality and compliance processes and reduce the cost of customs processing. The group, which delivers over 8.4 million parcels a day worldwide will use the artificial intelligence/machine learning-backed platform to automate the allocation of product classification (HS) codes and compliance with export control rules in the European Union, UK and US. Coverage could also be extended to the Middle East and Asia. Eurora says its compliance platform processes up to 5,000 requests per second with 98% accuracy.
Eurora’s AI uses over 500 million records of training data from real transactions of the world’s largest logistics service providers. The platform can be used by online sellers, marketplaces, logistics and postal companies to automate tax and duty declarations and assign the appropriate HS code.
Eurora recently opened an Innovation and Research Centre in Tartu, Estonia to ‘future-proof’’ the platform in light of the European Commission’s plans to add product safety and transport security compliance requirements to cross-border trade.
Tags: DPD; Eurora