Prewave is a supply chain risk platform that turns events across languages and networks into business alerts. It monitors suppliers for critical developments, with high-impact event news reaching users within 60 minutes. Its analysis covers more than 200 risk categories, including ESG, financial risks, labour disputes, natural disasters, environmental issues, human rights, carbon, and biodiversity. Prewave analyzes text in local languages and says predictive analytics can report on some risk events before they happen. Users can group suppliers by region or commodity, narrow lists to priority suppliers, save collections, and view supplier scores refreshed with live data. Scoping can support reporting for legislation including LkSG, CSDDD, and CSRD. The Action Platform supports desk and on-site audits, supplier security and maturity assessments, and engagement measures such as worker surveys. API capabilities can connect with existing systems, including contract management solutions; the company also mentions supplier relationship management systems and external risk data. A free plan is listed, while enterprise pricing is available on request. The platform is offered on web and through an API.
Who it is for
Prewave suits businesses monitoring supplier risk and managing supplier assessments or engagement. The company lists industries including automotive, electronics and machinery manufacturing, transportation, aerospace, maritime, and defence.
What is good
- Monitors more than 200 risk categories.
- High-impact event news can reach users within 60 minutes.
- Analyzes risk information in local languages.
- Supports audits, assessments, and worker surveys.
What to know first
- Enterprise pricing is available on request.
- High-impact event news may take up to 60 minutes.
Verdict
Prewave pairs supplier monitoring and scoring with workflows for assessments and engagement. Businesses should request pricing and assess how its monitoring and supplier scoping fit their needs.
Prewave plans and pricing
All plansCompared on supplier risk management software
- Free plan
- Yes
- Risk domains
- ESG, financial, labor disputes, natural disasters, environmental, human rights, carbon, biodiversity
- Continuous monitoring
- Yes
- Concentration analysis
- Yes
- Incident alerts
- Yes
- Supplier assessments
- Yes
- Supplier portal
- Yes
