Prewave uses AI to predict and manage supply chain risks, ensuring resilience and compliance
Region: Global
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The Forrester Wave™: Supplier Value Management Platforms, Q3 2024 See Report
Prewave uses AI to predict and manage supply chain risks, ensuring resilience and compliance
Region: Global
The joint value proposition of Ivalua and Prewave centers around enhancing supply chain transparency, risk management, and regulatory compliance. By integrating Prewave’s predictive risk alerts and supplier monitoring capabilities with Ivalua’s comprehensive spend management platform, the partnership aims to provide businesses with a holistic solution to manage and mitigate supply chain disruptions.
Key Elements of the Joint Value Proposition:
– Supply Chain Transparency and Resilience
– Regulatory Compliance
– Predictive Risk Management
– Enhanced Supplier Score and Monitoring
– Strategic Insights and Sustainability
Overall, the partnership between Ivalua and Prewave offers a robust framework for businesses to manage their procurement processes more effectively, mitigate risks proactively, and comply with evolving regulatory standards