Eurora is thrilled to announce the launch of a partnership with DPDgroup, one of the world’s leading parcel delivery networks. This partnership will enable DPDgroup, which delivers 2.1 billion parcels yearly, to enhance its quality and compliance processes whilst lowering costs of customs processing.
“With Eurora’s services, we want to support our international growth. We plan to use Eurora’s solution to improve our international operation, namely product classification and international compliance,” said Etienne Chaigne, Director International IT Solutions at DGDgroup.
Egon Veermäe, Chief Operating Officer at Eurora, commented on the successful cooperation with DPDgroup: “The cooperation with DPD has been very fruitful and productive. We have developed a solution that helps them cover multinational jurisdictions to support them growing their business internationally.”
Automating HS codes allocation and compliance with export control rules
DPDgroup will use Eurora’s AI/ML-backed platform to automate the allocation of product classification codes and compliance with the export control rules applied in the European Union, the United Kingdom, and the United States. The allocation of product classification (HS) codes and export control classification is a pivotal step within the export process, as these classifications are needed to prove all restrictions and license requirements have been duly checked by the shipper before exporting an item.
Eurora’s compliance platform processes up to 5,000 request per second with 98% accuracy – the highest level of accuracy, speed, and automation available in the market*. As there are more than 15,000 10-digit commodity codes in EU alone, it is impossible to match this speed and cost with manual or hybrid methods, most used today.
As a next step, both companies are looking towards extending the geographical coverage of export compliance services, namely to the Middle East and Asia.
“Eurora and the DPDgroup have been closely working together since the beginning of 2022 to elaborate the rules of different jurisdictions, containing a wide range of classification rules and restrictions that have been ´learned´ by the Eurora machine,” said Marko Lastik, founder and Group CEO of Eurora.
Seeking for quality and compliance
DPDgroup, delivering over 8.4 million parcels worldwide each day, was looking for a solution that would enhance its parcel delivery operations. “In a context where product safety and transport security processes are key, and with growing international activity, we aim to ever more seek for quality and compliance. Using AI and Machine Learning solution will help us improve scalability and reliability of our international operations, while paving the path for future opportunities like new customers services, new geography, further automation,” said Olivier Tsalpatouros, Senior Director Regulatory & Global Trade Affairs at DPDgroup.
“Years of scientific research and developing machine learning capabilities have allowed Eurora to demonstrate that we are trusted by the logistics and postal industry. Eurora AI engine can find the most appropriate response from a large amount of data by learning from constantly adding data,” Marko Lastik explained.
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.