RetailReady recently launched!

Launch YC: RetailReady - Automating supply chain compliance

"Digitizing warehouse processes from 100+ page manuals to a mobile app."

Every time workers in a warehouse box an order, they are supposed to reference 100+ page manuals that include precise packing instructions.
RetailReady’s mobile application replaces these, making it easy to stay compliant and mitigate fines, without any training time or integrations required.

Founded by Sarah Hamer and Elle Smyth


🔍 Problem

Retailers (e.g. Walmart, Amazon, Target) outline unique shipping requirements for brands (think Dove, Hanes, Stanley) through 100+ page manuals called routing guides. If retailers receive a non-compliant shipment such as incorrect label placement, they issue brands a compliance violation fee, called chargebacks.

An example from page 227/399 of Walmart’s guidelines…
…And how these shipping guidelines manifest on the warehouse floor today


On average, 3% of a brand’s gross invoice amount is deducted due to chargebacks, resulting in an estimated $40B worth of retailer chargebacks per year.

A subsection of violation fees outlined in a retailer routing guide

On the flip side, when retailers receive these orders from brands, their warehouse team also uses their own printed routing guides to determine whether or not a shipment is compliant, and then manually enter associated fines into a spreadsheet. 10-12% of all orders retailers receive are deemed non-compliant and require 2X the labor time.

🦾 Solution

RetailReady is the ultimate retail compliance solution for all stakeholders, requiring no training time or integrations.

Third-Party Logistics (3PLs): Their user-friendly mobile application ensures operational shipping compliance to retailers. Their software ingests retailer routing guides and translates them into step-by-step workflow tasks while providing a visual repository of every order for dispute resolution.

Brands: Their dashboard offers insights into your or your 3PL's operations, allowing you to upload chargebacks. This data enhances their model, tailoring your packing process with extra validation checks.

Retailers: Their retailer mobile app automatically detects and records shipping compliance errors from vendors, speeding up revenue generation and increasing labor efficiency.

Learn More

🌐 Visit retailreadyai.com to learn more

👥 Know any brands / 3PLs that are struggling with retailer compliance or retailers that are struggling with vendor compliance? Make the intro!

📅 If you are a brand / 3PL / retailer that is interested in using RetailReady,
schedule a demo!

🛠️ Are you or do you know a rockstar software engineer?
Fill out this form! They’ll be looking to hire a founding engineer in the coming months.

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RetailReady on LinkedIn
Posted 
October 11, 2024
 in 
Launch
 category
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