@genlots.com
GenLots is how manufacturing companies purchase their external materials for production.
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GenLots is a brand that specializes in helping manufacturers optimize their supply planning. With their innovative software, they aim to revolutionize the way manufacturers handle inventory, deliveries, waste, and CO2 emissions. By implementing dynamic lot sizing, manufacturers can save up to 60% in these areas.
GenLots offers a comprehensive product that imports real-world data from the ERP (Enterprise Resource Planning) system and uses machine learning to optimize supply plans, inventory, transactions, and prices. Their software provides supply planning excellence by applying reinforcement learning to achieve millions of dollars in savings per production site. Moreover, it enables manufacturers to become proactive by providing self-improving ERP parameters that allow quick adaptation to a changing environment.
By using GenLots' solution, manufacturers can gain visibility into the end-to-end cost and CO2 impact of their planning process. They can shift to a fully digital supply planning system, allowing them to increase adaptability, gain cost transparency, and have control over their ordering process. GenLots serves a wide range of industry professionals, including supply chain executives, CFOs, procurement leaders, material planners, and IT professionals.
With GenLots' expertise, manufacturers can achieve significant improvements in working capital, hard savings, and quick return on investment. The brand has received positive feedback and testimonials from renowned companies, emphasizing the value and impact of their solution. GenLots collaborates with industries such as pharmaceuticals, chemicals, manufacturing, consumer goods, and more.
Implementing GenLots' software is quick and hassle-free, thanks to standardized interfaces with SAP and ready-made integration scenarios with S4/HANA. Their dedicated team ensures a seamless integration with existing solutions, providing the flexibility necessary for each company's unique pain points and existing systems. Regardless of the industry, GenLots is capable of adapting their solution to meet the specific needs of any company that procures materials and components for production.
Contact GenLots today to explore how their solution can optimize your supply planning and drive significant results
Company Type
Privately Held
Company Size
2-10
Year Founded
2017
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