Co-Founder & co-CEO, GenLots

Simon Schenker

Simon is the father of GenLots’ idea and algorithm, which was initially developed during his research at ETH Zürich. His role in the company, while focusing on product and development, also involves initiatives in sales, project delivery and contract negotiation.

GenLots developed the AI-based application for industrial purchasing which unlocks hidden losses tied in the ordering process of industrial companies with only one simple application, building on proprietary technology. GenLots has proven to decrease inventory values and orders by 30% and is used daily at Merck Group, a global company with 15 billion in annual revenues.