GenLots
What is GenLots?
GenLots is a Swiss supply chain technology company based in Morges, Switzerland, founded in 2015. The company specializes in AI-driven operational purchasing solutions aimed at enhancing supply chain efficiency for manufacturing industries. Its technology, developed from research at ETH Zurich, focuses on addressing challenges in supply planning that have persisted in ERP systems. The core offering of GenLots is an AI-powered supply planning software that automates purchase order generation and optimizes inventory levels. It utilizes machine learning to analyze trade-offs between inventory costs, stock-out risks, and procurement costs, while also considering sustainability metrics. Key features include seamless ERP integration, total cost modeling, and real-time scenario simulations. GenLots serves various sectors, including pharmaceuticals, consumer goods, chemicals, and industrial manufacturing, helping organizations achieve significant cost savings and reduce their environmental impact.
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