Pickrr, a SaaS-based logistics start-up, has announced the launch of another value-added service, Pickrr forecast. The goal of the product feature is to provide predictive analysis to sellers while placing an order Picker To help mitigate the significant risk ratio associated with cash-on-delivery orders.
According to an industry estimate, the probability of order delivery is only 75%. There could be multiple reasons for not receiving a COD order, such as fraudulent order, incorrect address, cash unavailability, late delivery, restricted area, etc. RTO Process
The company says that Pickrr Predict has been integrated with the company’s all-in-one dashboard to neutralize additional losses incurred by vendors. The feature uses aggregated data and evaluates orders over 30 parameters, including the customer’s past online transactions, return history, high-stress delivery zone, etc. to calculate the risk percentage and warn about high-risk orders before proceeding with the dispatch. This can help sellers determine further procedures for canceling, confirming, or editing their orders.
“Failed cash-on-delivery has become a significant challenge for businesses. As an industry leader, we strive to address issues that can make a huge difference in the logistic ecosystem. Pickrr Predict is already resolving more than 5,000 shipping issues. Currently using this disrupted service, “he said Gaurab MonglaCEO, and co-founder, at the Pickrr launch.