GenLots Companies
GenLots is an artificial intelligence company that helps industrial companies optimize their supply chain by placing orders based on material requirements forecasts while considering factors such as perishability, lead times, and storage. This can lead to up to a 40% reduction in inventory values and order costs per material. They offer a solution for manufacturers to switch to dynamic lot sizing and save up to 60% on inventory, deliveries, waste, and CO2.
Founded Date:
2017
Total Funding:
1098843
Employee Number:
1-10
Technology:
Predictive Analytics
Last Funding Type:
Seed
Investors Number:
3
Industry:
Communication
Headquarters:
Morges, Vaud, Switzerland
Estimated Revenue:
$1M to $10M