Prewave supports Yanfeng to enhance supply chain transparency

Vienna – 7th June 2021.  Artificial Intelligence startup Prewave has announced it is collaborating with Yanfeng, a leading global automotive supplier, to bring more transparency and sustainability to the company’s global supply chain. The Vienna-based startup’s technology enables Yanfeng to proactively identify sustainability risks along its entire supply chain such as pollution, corruption or human rights violations in real-time. In addition, Yanfeng takes measures to actively work together with their suppliers and sub-suppliers in order to achieve a significant leap in supply chain transparency, particularly around critical raw materials used in the production processes. This announcement comes well in advance of upcoming supply chain due diligence regulation in Germany and the European Union, demonstrating Yanfeng’s leadership role in the area. Prewave is capable of monitoring all publicly available information