# GenLots Reviews
**Vendor:** GenLots  
**Category:** [Purchasing Software](https://www.g2.com/categories/purchasing-software)
## About GenLots
GenLots developed at ETHZ, is an artificial intelligence company that discovered the optimal way to place an industrial company’s orders through time, based on its material requirements forecasts, while accounting simultaneously for all relevant factors (perishability, lead times, storage, etc.). It minimizes supply chain costs, allowing up to 40% reduction on inventory values and order costs per material.






- [View GenLots pricing details and edition comparison](https://www.g2.com/products/genlots/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-16+18%3A44%3A46+-0500&secure%5Bsession_id%5D=cfc64ee9-05b5-432c-92d2-dfebd87ecc77&secure%5Btoken%5D=929555477488d6f402ba510bbbe0dec85f15755ea0743cae2af8736138395bc0&format=llm_user)

## GenLots Features
**Management**
- Approval
- Communication
- Documents
- Receipt of Goods

**Planning**
- Processses
- Contracts
- Content
- Requisition

**Invoice Management**
- Capture
- Supplier Portal
- Repository

**Supplier Management**
- Evaluation
- Selection
- Risk Management

**Execution**
- Sourcing
- Purchasing
- Invoicing

**Invoice Processing**
- Matching
- Payments
- Workflows
- Tax Compliance
- Submittal

**Supplier Information**
- Profiles
- Qualifications
- History

**Analytics**
- Visibility
- Performance
- Spend
- Due Dates
- KPIs

**Integration**
- Accounting
- Payments
- ERP
- Procurement

**Agentic AI - Purchasing**
- Proactive Assistance
- Decision Making

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