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o9 and Prewave Team Up to Improve Supply Chain Risk Management

by Raxer X.
02/25/2025
in Risk Mitigation, Security & Risk

On February 25, 2025, o9 Solutions, which specializes in AI software for business planning and decision-making, announced a new partnership with Prewave, a platform that uses AI to analyze supply chains. This collaboration aims to help businesses better anticipate and handle potential risks and disruptions in their supply chains, making them more resilient overall.

By combining Prewave’s advanced risk intelligence with o9’s Digital Brain platform, clients will gain a clearer picture of possible supply chain issues. This new system will provide real-time alerts on over 200 different risk factors, such as labor strikes, political events, and suppliers going out of business. These alerts will help businesses make better decisions about their short- and long-term sourcing strategies, assess potential revenue impacts, and explore different scenarios to avoid disruptions.

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Harald Nitschinger, co-founder of Prewave, pointed out how complicated and vulnerable today’s global supply chains have become. He stressed the need for quick-response solutions that offer strategic insights to help businesses stay ahead of risks. He noted that this partnership with o9 is designed to create a well-rounded approach to managing supply chain risks, focusing on proactive measures, better inventory management, stronger collaboration with suppliers, and data-driven decision-making in procurement and risk management.

Chakri Gottemukkala, co-founder and CEO of o9, expressed enthusiasm about the partnership, mentioning that merging Prewave’s AI-driven risk intelligence with o9’s planning tools creates smoother workflows for clients. This collaboration offers real-time visibility into potential disruptions and capacity issues, allowing businesses to implement proactive risk management strategies to keep operations running smoothly.

Overall, this partnership marks a significant step in bringing together risk intelligence with business planning. By providing real-time insights and collaborative tools, o9 and Prewave aim to help businesses navigate the challenges of modern supply chains and maintain continuity in the face of potential risks.

Stay on top of supply chain news with The Supply Chain Report. Enhance your international trade knowledge with free tools from ADAMftd.com.

#o9SolutionsPrewave #AISupplyChain #RiskIntelligence #SupplyChainResilience #DigitalBrainPlatform #RealTimeAlerts #ProcurementTech #BusinessContinuity #AIinLogistics #SupplyChainRisk

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  • Home
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  • Compliance
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