Press Release10 May 2024, 06:37 pm
Delhivery's AI-Powered RTO Predictor Reduces Returns for 4800+ D2C Brands by 20%
AI Summary
Delhivery, India's largest logistics service provider, has been helping D2C brands minimize return shipments with its AI-powered RTO Predictor. This solution assesses return risk for over 4800 brands across various sales channels and enables brands to hide COD shipping or charge shipping fees for high-risk customers. The RTO predictor, which uses machine learning and data from over 2.7 billion shipped items, has reduced RTOs by up to 20%. Brands like Heads Up for Tails, Healthkart, W for Woman, and Be Minimalist have endorsed this service.
Key Highlights
- Delhivery's RTO Predictor is an AI-powered solution that reduces return shipments for D2C brands.
- The RTO predictor assesses the risk of return and non-acceptance for D2C brands.
- It predicts customer behavior with higher accuracy using machine learning.
- Delayed payments for COD orders significantly impact businesses but the RTO Predictor helps reduce RTOs by 20%.
- Delhivery's RTO Predictor integrates with various sales channels and enables quick verification of orders