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Solution
Supply Chain Risk Management for the Automotive Industry
Compliance and resilience: one automotive SCRM solution
How automotive companies use Prewave
Automate Compliance
The European CSRD, CSDDD, EUDR and Battery Regulation, plus non-EU regulations like the UFLPA, requires you to identify, monitor and mitigate supply chain risks. Prewave’s automated compliance reporting saves time and effort for your team.
Identify and Mitigate Risk
Prewave monitors millions of data points daily to generate a 360-degree scorecard for each of your suppliers. Supplier scores are combined with their influence on your supply chain to highlight critical suppliers where risk mitigation is necessary.
Integrate Sustainability
Automotive companies are connected to ESG risks, even if you can’t see them. Prewave’s Tier-N monitoring visualises your entire supplier network – from end product to raw materials – helping your visualise exposure to sustainability risks like forced labour.
Build Supply Chain Resilience
Prewave’s proactive resilience helps you build an automotive supply chain strategy that minimises revenue at risk. Calculate the exact probability of risk events against the cost of building safety stock, improving your supplier base, or diversifying sourcing.
Efficient compliance: due diligence for automotive supply chains
The Prewave Network: automotive is stronger together
200+
Risk categories
4.5M+
Multilingual data points
1.6M
Global suppliers covered
Automotive supply chain risk management
Rapid detection
Prewave filters critical events via a highspeed pipeline that means news of high-impact events reach you within 60 minutes.
Global coverage
Prewave provides deep coverage on a global scale by focusing on regional, local and international sources.
Faster time to response
For Kärcher, Prewave’s AI has reduced time-to-response by 3 days, with manual efforts cut by 40x.
Multilingual
Prewave analyses texts in their local languages, gaining a deeper and more accurate understanding.
200+ Risk categories
Prewave can detect and analyse risks in categories including ESG, financial risks, labour disputes, natural disasters, and more.
Predictive
Using predictive analytics, Prewave can report on risk events in specific categories before they happen.