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