Genlots
AI-Powered Efficiency With Every Order. The way orders for external materials are allocated in large manufacturing companies has not changed in 30 years in ERPs. That is why we bring our proprietary reinforcement learning algorithms to radically change how planners make sure there is always enough material for production at the right cost. With our current clients we have achieved up to 40% reduction in inbound deliveries (which positively impacts the CO2 footprint), up to 30% reduction in inventory, all the while keeping the risks of stock outs at a minimum just through our new way of planning. Additionally, GenLots delivers real-time recommendations on master data such as safety stock or lead times, to make sure they are up to date and that poor master data quality doesn't result in hidden losses.
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