Kargo
Kargo offers automated solutions for shipping and receiving, leveraging computer vision to enhance inventory management, compliance, and operational efficiency.
Company Overview
Kargo offers solutions for shipping and receiving automation. The company provides services such as automated scanning, damage detection, shipment verification, load verification, inventory management, inventory visibility, shelf life management, lot code traceability, FSMA compliance, operations optimization, claims management, financial reconciliation, automated ASNs, and vendor scorecarding. Kargo utilizes computer vision technology to capture data from freight labels, barcodes, text, and images without requiring RFID or manual scanning.
Automated Freight Management Technologies
Kargo provides real-time data and visuals on a dashboard that updates existing inventory systems automatically. This technology enables real-time flagging of over, short, and damaged (OS&D) issues, offering visual evidence to resolve freight claims. It also automates appointment scheduling, driver check-in, and dock door allocation, streamlining workflow processes. The platform aggregates documents, system data, and visuals to facilitate easy freight management and enhance operational efficiency.
Computer Vision Solutions
Kargo's computer vision technology automates label scanning and captures data from freight labels during trailer loading or unloading. The system reads and digitizes any date code from freight labels, ensuring compliance with shelf life standards and boosting inventory accuracy. By flagging pallets with multiple lot codes at the loading dock, Kargo's system increases efficiency while reducing waste. This advanced visibility transforms loading dock activities into actionable data, providing better decision-making capabilities related to labor allocation and OS&D drivers.
Financial Milestones and Growth
Kargo has shown significant financial growth, achieving an 8x revenue increase year-over-year. The company raised $25 million in Series A funding, led by Sozo Ventures, to further develop its technologies and expand its market presence.
FSMA Compliance Solutions
Kargo offers comprehensive FSMA compliance solutions by capturing and storing key data elements required under the FDA's Food Traceability Rule. The platform ensures data accuracy and provides real-time inventory data to existing management systems, enhancing inventory visibility and traceability. By capturing and storing essential data elements, Kargo's system helps clients comply with shelf life standards and FSMA requirements effectively.