Tradeshift, the leader in supply chain digitization, supply chain payments, and marketplaces, today announced a partnership with 71lbs, the human-backed automated solution that provides customers with shipping insights to make better business decisions. With 71lbs, companies reduce shipping costs by pinpointing late delivery refunds, lost and damaged claims, shipping insurance and more.
The app solution focuses on reducing shipping costs for Tradeshift’s network participants by pursuing denied refunds, file claims on the customer’s behalf and ensuring one hundred percent of the shipping costs are credited back to the customer.
“71lbs is simple to activate and easy to use,” said Ron Volpe, Chief Supply Chain Evangelist at Tradeshift. “By pinpointing and returning the shipping dollars that are left on the table, 71lbs will provide our customers with an incredible cost-cutting tool that can truly help their bottom lines.”
"We're proud to join the Tradeshift app ecosystem as a shipping refunds partner," said Jose Li, Founder and CEO of 71lbs. "With over $2 billion in late delivery refunds left unclaimed each year, 71lbs can now help Tradeshift enterprises and sellers better understand their shipping costs and easily recoup their due refunds.”
