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