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Prewave

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Last updated on

Company health

Employee growth
66% increase in the last year
Web traffic
43% decrease in the last quarter
Financing
May 2023 - $31M

Ratings

G2
3.5/5
(1)
Glassdoor
4.8/5
(13)

Prewave description

Prewave is a supply chain risk management platform that uses artificial intelligence to identify potential disruptions before they happen. By scanning publicly available information, it alerts businesses to risks such as supplier financial instability, ethical concerns, and natural disasters. This allows companies to proactively find reliable partners, avoid production delays, and protect their brand reputation. Prewave offers tools for supplier evaluation, risk rating, and provides insights for informed decision-making in complex supply chains.


Who is Prewave best for

Prewave helps businesses of all sizes manage supply chain risk through AI-powered insights. It scans public data for potential disruptions like supplier financial instability or ethical concerns, alerting companies to prevent delays and protect their reputation. Prewave offers risk assessment, real-time alerts, and supplier evaluation tools for informed decision-making.

  • Best fit for medium to large businesses with complex supply chains.

  • Ideal for businesses across all industries seeking to mitigate supply chain risks.


Prewave features

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Prewave leverages AI to automate risk assessments, providing intelligent insights and predictions.

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Prewave uses AI to identify and assess potential risks that could disrupt operations.

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Prewave provides real-time alerts for supply chain disruptions and sustainability risks.


Prewave alternatives

  • Logo of nuvo
    nuvo
    Better fit for mid-sized software companies needing faster customer onboarding. Focuses on automated data imports from various formats like Excel and CSV, unlike Prewave's supply chain risk management. Has strong user reviews on feature set, documentation, and ease of use. Growing faster than Prewave.
    Read more
  • Logo of Craft
    Craft
    Craft has website traffic that is growing faster and targets larger businesses, particularly in manufacturing and aerospace. It focuses on providing insights into supplier financial health, cybersecurity posture, and environmental practices. A Prewave alternative and competitor.
    Read more
  • Logo of Contingent AI
    Contingent AI
    Better fit for small businesses and medium businesses. Has slower momentum. Focuses on third-party risk management and actionable insights. A Prewave competitor and alternative.
    Read more
  • Logo of SophusX
    SophusX
    Better for scenario planning and supply chain modeling. Has slower momentum. More focused on food and beverage, automotive, and retail industries. A Prewave competitor and alternative.
    Read more
  • Logo of Beacon
    Beacon
    Better for tracking shipments and logistics operations. More focused on real-time visibility of goods in transit. Beacon is growing faster.
    Read more
  • Logo of Aurex.ai
    Aurex.ai
    Better for Governance, Risk, and Compliance (GRC), particularly financial crime and environmental impact. More suitable for finance and banking. Has slower momentum. A Prewave alternative and competitor.
    Read more

Prewave FAQ

  • What is Prewave and what does Prewave do?

    Prewave is a supply chain risk management platform using AI to predict potential disruptions. It scans public data for risks like supplier instability, ethical issues, and natural disasters, enabling businesses to choose reliable partners, prevent delays, and safeguard their reputation. Prewave offers risk assessment and supplier evaluation tools.

  • How does Prewave integrate with other tools?

    Prewave integrates with existing procurement or enterprise resource planning (ERP) systems. This allows for seamless data transfer and risk assessment automation within established workflows. It enhances visibility and control over supply chain risks.

  • What the main competitors of Prewave?

    Prewave's main competitors include Craft, Contingent AI, and Beacon. These platforms offer similar supply chain risk management solutions, providing supplier insights, risk assessments, and monitoring capabilities. Other alternatives, like SophusX and Aurex.ai, offer broader supply chain management or risk analysis features.

  • Is Prewave legit?

    Yes, Prewave is a legitimate supply chain risk management platform. It uses AI to identify potential disruptions, helping businesses find reliable partners and avoid issues. Reviews on Glassdoor rate Prewave highly, averaging 4.8 out of 5 stars.

  • How much does Prewave cost?

    Prewave does not publicly disclose its pricing. Contact Prewave directly to obtain specific product pricing details and determine if it's worth the investment for your needs.

  • Is Prewave customer service good?

    There is no information available about Prewave's customer service. However, reviews on Glassdoor rate Prewave highly overall.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.