GenLots

GenLots
GenLots
GenLots is a SaaS provider from Switzerland that uses machine learning to optimize supply chain processes. Their core technology, the Artificial Supply Chain Brain, imports real world data from an ERP to improve purchasing plans by decreasing order transactions and reducing inventory. Implementations with major industrial companies (like Merck) successfully reduced total purchasing cost by up to 10%.

GenLots is a SaaS provider from Lausanne, Switzerland that uses machine learning to optimize supply chain processes. Their core technology, the Artificial Supply Chain Brain, improves purchasing plans of any industrial company that buys raw materials in high volumes. The software imports real world data from an ERP and makes on-demand suggestions to improve the order behaviour by a) decreasing the number of order transactions b) reducing inventory levels and c) using pricing advantages (e.g. quantity discounts).
Implementations with major industrial companies successfully reduced total purchasing cost by up to 10%.

Lausanne
supply chain, machine learning, software, machine learning
2017
https://www.genlots.com/
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