Consider a product that is shipped to a foreign location. Upon arrival, this product will have to pay a certain duty based on its type and features.
Millions of new products are created each year and therefore it is not possible to manually determine what the duty would be for a product entering one of more than two hundred territories world-wide. Our predictive analytics tool is capable of determine the duty a product will have to pay based only on its label.
Once the label is identified, a customer who is purchasing a product on-line will be able to identify in real-time the total cost of shipping a product to a foreign location.