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.
Headquarters:
Morges, Vaud, Switzerland
Founded Date:
2017
Employee Number:
1-10
Last Funding Type:
Seed
Total Funding:
1098843
Estimated Revenue:
$1M to $10M
Industry:
Communication
Investors Number:
3
Technology:
Predictive Analytics