In a strategic move to enhance supply chain resilience, o9, a leading enterprise AI software platform provider, has announced a partnership with Prewave, an AI-powered supply chain intelligence platform. This collaboration aims to empower joint clients with advanced capabilities to proactively manage potential supply chain risks and disruptions, fostering greater supply chain resilience.
Integration of Prewave’s Risk Intelligence
The integration of Prewave’s multi-tier risk intelligence into o9’s Digital Brain platform creates a unified source of truth, providing comprehensive visibility into potential supply chain risks and challenges. Clients will receive recommendations for alternative sourcing scenarios and can collaborate directly with suppliers to mitigate risks. This integrated approach ensures that businesses can adapt quickly to changing market conditions and supplier dynamics.
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Enhanced Decision-Making with Real-Time Risk Alerts
The partnership enhances o9’s Sales & Operations Planning (S&OP) solution by incorporating real-time risk alerts from Prewave. These alerts are categorized into over 200 risk categories, including labor strikes, geopolitical events, and supplier insolvency. This enables clients to make informed decisions across mid- and long-term sourcing strategies, quantify revenue at risk, and engage in “what-if” scenario planning to prevent potential disruptions.
Strategic Benefits of the Partnership
The partnership between o9 and Prewave offers several strategic benefits:
Proactive Risk Management: By integrating Prewave’s risk intelligence into o9’s platform, clients can proactively identify and mitigate potential supply chain disruptions.
Enhanced Decision-Making: Real-time risk alerts enable businesses to make informed decisions about sourcing strategies and supplier management.
Improved Resilience: The partnership fosters greater supply chain resilience by providing a unified approach to risk management and supplier collaboration.
Operational Continuity: By anticipating and mitigating disruptions, businesses can maintain operational continuity and reduce the likelihood of costly supply chain failures.
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FAQs
1. What is the primary goal of the o9 and Prewave partnership?
The partnership aims to provide joint clients with the ability to proactively manage potential supply chain risks and disruptions, while simultaneously building greater supply chain resiliency. It focuses on giving businesses tools to anticipate and respond to disruptions more effectively.
2. What type of risk alerts will clients receive through this partnership?
Clients will benefit from real-time risk alerts categorized into over 200 risk categories. These categories include labor strikes, geopolitical events, and supplier insolvency, among others. These alerts enhance decision-making across mid- and long-term sourcing strategies.
3. How does this partnership enhance decision-making related to supply chain risk?
By providing real-time risk alerts and visibility into potential disruptions, the partnership enables clients to quantify revenue at risk and inform “what-if” scenario planning. This leads to more informed and proactive decision-making to avert potential supply chain disruptions.
Conclusion
The collaboration between o9 and Prewave marks a significant advancement in supply chain risk management. By combining Prewave’s AI-powered external risk intelligence with o9’s innovative planning and optimization capabilities, joint clients will benefit from an integrated workflow that provides real-time visibility into potential supply chain disruptions and capacity constraints. This partnership positions both companies at the forefront of supply chain resilience and sustainability, enabling businesses to navigate complex global supply chains with confidence.
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