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Launch HN: CommodityAI (YC W24) – Shipment management for commodity traders

Mar 26, 2024 - news.ycombinator.com
CommodityAI, a startup by Daniel, Philip, and Kyle, aims to simplify the complex process of commodity shipments. The company's platform uses AI, automation, and collaboration tools to manage the approximately 200 processes and 50 documents involved in each shipment, reducing errors and saving time. The system preprocesses data, uses AI to automate business processes, and enables users to initiate actions or workflows, such as entering data into ERPs, composing emails, updating freight matrices, and tracking shipments.

The platform is currently being used by one of the largest U.S. agricultural traders to process over a million documents and automate internal workflows. It also aids in quickly finding critical documents during audits. The team behind CommodityAI includes an ex-sugar trader with 8 years of experience and two engineers with a combined 14 years of experience from logistics and software companies.

Key takeaways:

  • CommodityAI is a new platform designed to simplify and automate the management of commodity shipments, which typically involve around 200 processes and at least 50 documents.
  • The platform uses AI, automation, and collaboration tools to handle shipment workflows, clean up and organize data, process documents, and automate business processes.
  • CommodityAI's customers include one of the largest U.S. agricultural traders, who use the platform to process over a million documents and automate internal workflows.
  • The platform also helps users find critical documents quickly, which is particularly useful during audits to ensure the commodity declared matches what was actually delivered.
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