RetailReady recently launched!
"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.
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.
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.