Prewave

What is Prewave?

Prewave is an Austrian company that develops an AI risk and sustainability monitoring platform for purchasing, supply chain, and sustainability managers.

Why uses Prewave?

Prewave is used by manufacturing companies to improve the transparency and resiliency of their supply chains. Mapping and tracking a whole supply chain is a hard task.

The artificial intelligence (AI) based platform identifies risks in supply chain based on public information, automatically and in real-time. With this information you can counteract possible delivery bottlenecks and production stops ahead of time.

Furthermore it could help being compliant with some supply chain regulations such as:

• LkSG
• CSDD (Corporate sustainability due diligence ).
• The Uyghur Forced Labor Prevention Act.
• Norwegian Transparency Act.
• French Devoir de vigilance

Features

The Prewave AI continuously monitors thousands of sources in order to identify risks in more
than 100 risk categories. Thus providing you with the following advantages:

‍
1) Visualize your suppliers with Prewave. We support you in uncovering your supply chain
beyond the direct suppliers (tier-n)

‍
2) Global coverage. Prewave uncovers risks in real-time from all publicly available
sources and generates alerts as soon as an issue comes up

‍
3) Optimized workflow: Work on risk reduction with your entire team and together with
your suppliers on one platform. This ensures a flawless documentation of all incidents.
‍

Complying with the supply chain law requires the implementation of the right tools as well
as an organizational shift. However, implementing these changes are also a chance to
improve the transparency and resilience of your supply chain. In addition to the
monitoring of sustainability risks, Prewave also monitors for operative and strategic risks,
which can uncover problematic suppliers and issues in our supply chain. Being able to
react to supply chain risks quickly is a clear competitive advantage, as recent events with
the coronavirus have shown.

‍

Who uses Prewave?

Prewave is trusted by enterprises like VW, Siemens,  AB Inbev, VW, Lufthansa, Karcher and other.

‍

‍