What is GenLots and how does it work? GenLots is a planning platform that utilizes machine learning principles in the supply chain to assist with order planning. By using this tool, you can save up to 10% on your total purchases, which directly impacts your organization’s revenue and profit. The platform can handle complex operations such as storage constraints, discounts, and perishable stock quantities. With GenLots, you can automate your order plans and receive them within seconds, no matter where you are, allowing you to focus on your business processes and existing projects and IT infrastructure. This platform also provides a benchmark to identify and address inefficiencies in purchasing by eliminating unnecessary or hidden costs. It efficiently handles all major order planning tasks, including demand forecasting and product lot size analysis. GenLots aims to bring innovation to your procurement and purchasing experience, an area that is often overlooked by many companies. By understanding industry standards and providing practical solutions, this software offers users concrete data to analyze and predict the outcomes of these solutions.
