Company profile
GenLots SA
GenLots developed an artificial intelligence technology to discover the optimal way to place an industrial company's orders through time, based on its material requirements forecasts (generally output of MRP), while taking into account real parameters and complexity (perishability, lead times, storage, evolutionary prices, supplier constraints, etc.), as to systematically minimize the Total Cost of Ownership. The AI SaaS platform delivers in a few seconds, optimal and trustworthy order plans. By doing so, GenLots not only unlocks millions of savings on hidden purchasing costs but furthermore automates parts of the purchasing process and thus reduces hours of stressful work for employees.
Source: startup.ch