PLATINUM SPONSOR

With 2.5 quintillion bytes of data produced every day , how is it that supply chain disruptions — particularly at Tier 2 + suppliers — are still going unreported ? This is the question that Dr . Lisa Smith asked herself when embarking on her PhD research at the Technical University of Vienna . Fast-forward through years of research and development , and Prewave was born . A platform that uses AI to find , understand and categorise supply chain risks ; we predict supply chain disruptions well in advance .

PREWAVE AT A GLANCE

• Predictive , real-time and historic monitoring

• Access to millions of regional , local and international news and social media sources , as well as publiclyavailable databases , in 50 + languages

• 140 + risk categories

• A 360 ° supplier score

• Real-time , highly relevant reporting

• End-to-end supply chain risk platform

HOW DOES PREWAVE WORK ?

Our process follows a logical succession of steps to achieve an unprecedented level of transparency across all supply chain tiers .

We begin with a list of your direct suppliers . With it , we map out your entire supply chain , down to the raw material . Yanfeng is one of the clients that has achieved complete supply chain visibility through this process .

Once every supplier has been identified , an in-depth screening process uncovers past incidents , establishing a risk score for each supplier . We then set up real-time monitoring for more than 140 risk categories . This allows clients like VW and BMW to stay in the know at all times — from rumours of pollution at a Tier 3 supplier to a labour strike at a shipping harbour .

1 October 2022