Paccurate Company Research Report

Company Overview

• Name: Paccurate, Inc.

• Mission: Paccurate helps shippers make better packaging decisions, providing complete control over how every order is packed. Shipping less air is only the beginning.

• Founded By: No information is available

• Key People: No information is available

• Headquarters: Wilmington, DE, United States

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Paccurate is known as a parcel packing intelligence platform that aims to optimize the packaging process to save materials, reduce costs, and improve shipping efficiency.

Products

PacSimulate™

• Description: A simulation tool designed to identify optimal carton sizes for operations.

• Key Features:

• Virtually repacks historical shipments to uncover insights.

• Evaluates the effects of mailers and non-corrugate packaging on KPIs.

• Simulates box-on-demand machines and other operational changes.

PacAPI

• Description: An API solution for cost-efficient packing.

• Key Features:

• Executes up to 10,000 calculations per second.

• Considers the true cost of fulfillment, including rate cards, material, and labor costs.

• Can be deployed in diverse operational setups, like during order releases.

Recent Developments

• New Products Launched:

• Introduction of a new simulation model for PacSimulate that allows users to analyze the impact of adopting paper mailers, in collaboration with Georgia Pacific.

• Partnership with Robust.AI to integrate mobile robotics with cartonization, aiming to reduce costs for fulfillment providers.

• New Features Added:

• Enhanced simulation capabilities in PacSimulate for evaluating shipping costs and environmental impacts.

• New Partnerships:

• A technology partnership formed with Robust.AI to combine collaborative mobile robotics with cartonization solutions.

• Collaboration with Reveel to offer shippers tools for managing parcel spend more effectively.

Additional Information

• U.S. Patent No.: 11,216,774 covering innovative aspects of Paccurate's cartonization technology.

• Sustainability Efforts: Paccurate emphasizes reducing SCOPE-3 emissions by minimizing air shipment and optimizing carton usage.

• Endorsements: John Maurer, COO of Integra Beauty, highlighted the efficiency gains with Paccurate stating, "It allowed us to do with 1 person what we used to do with 5."

Market Position and Use Cases

• For Retailers, 3PLs, Carriers: Paccurate offers advanced cartonization and API solutions to enhance supply chain efficiency and reduce operational costs.

• Competitive Edge: Paccurate's use of AI and cartonization technology provides significant cost savings and environmental benefits, positioning itself competitively in the logistics and fulfillment sectors.