Box Measurement Technology for Hand Held Devices to Serve $343 Billion Shipping/Parcel Industry
Company's innovative solution enables couriers to measure the volume of boxes, crates, containers, and more through a simple movement from their hand held device
AIRPORT CITY, Israel, June 4, 2018 /PRNewswire/ -- My Size, Inc. (the "Company" or "My Size") (NASDAQ: MYSZ) (TASE: MYSZ), the developer and creator of smartphone measurement applications, announced today the launch of its BoxSizeID™ mobile measurement technology for rugged hand held devices within the shipping/parcel industry, where approximately 12% of shipments arrive at logistical centers with inaccurate measurements, according to data compiled by My Size.
Already available for mobile phones, My Size has developed BoxSizeID to be compatible with other leading hand held devices used within the shipping/parcel industry, like the Zebra TC51/TC56 and the Dolphin CT60 from Honeywell. The technology has already been installed on these devices as part of a pilot program in Israel, helping the pilot customer realize a revenue increase of 2.5%, according to data provided from the pilot program.
BoxSizeID streamlines delivery management through accurate parcel measurement and cost calculation, real time dimensional weight (DIM) details for improved logistics, and integration with enterprise resource planning (ERP) systems through barcode scan, image capture, and geo-location tagging. A consumer can utilize BoxSizeID to measure the volume of a package they intend to mail, and then receive a price quote and schedule a pick-up.
For couriers, the benefits are enhanced – they receive the customer's order and already know the size of the package they are picking up, enabling them to assign pick up of the package to the appropriate truck. In the courier's logistics center, the packages are scanned and measured, with that data being uploaded to the company's ERP to ensure the customer's manifest matches what was actually sent.
In addition to the foregoing, My Size is also in the process of developing a technology that can match the volume of measured packages to the volume of specific shipping containers so a courier can properly estimate how many measured packages will fit into that specific container, thereby maximizing efficiency.
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