Industrial companies are involved in a transformation process: they order raw materials and transform them into finished products. This implies planning purchases way in advance. This activity - order planning - is highly complex: the number of trade-offs involved and hundreds of real-world constraints prevent traditional models from solving it. GenLots has built a machine learning, Software-as-a-Service platform delivering optimal and trustworthy plans in seconds – unlocking savings up to 10% of the total purchasing costs - saving millions of Euros annually while automating parts of the purchasing process at the same time.
Total Funding: $1098843
Funding Stage: Seed
Business Stage: Scaling Up
Market: B2B
Company Size: 1 to 25
Founded: 2017
