DIGITAL PROCUREMENT
“ We work with companies with complex supply chains . Many of our customers have hundreds , if not thousands of suppliers , and they have a level of in-transparency ”
HARALD NITSCHINGER CO-FOUNDER AND MANAGING DIRECTOR ,
PREWAVE
Turkey , Vietnam , China , or in Brazil . That is the advantage of the AI-based approach .”
Of course , the entire point of identifying risk is so you can evaluate the potential impact on your business and react accordingly , and when it comes to supply chain , a significant amount of risk lays within the movement of goods and raw materials . Working with shipment visibility providers , Prewave can marry the data and provide alerts and information that is relevant to your shipments and your business , all on one dashboard . Not only will you know a shipment is delayed , but why .
As Nitschinger puts it , “ Having shipment visibility allows us to better prioritise risks because we can , for instance , than understand if , say , a labour strike at a seaport or a supplier is actually relevant for our customer . If there ' s not a single shipment leaving within the next three weeks , for example , you can then entirely disregard it from an operational standpoint .”
Simplified supply chain risk management , with easy onboarding . It explains Prewave ’ s impressive customer base .
procurementmag . com 53