874: Building Resilience Beyond Tier One: Hard Truths About Risk and Visibility W/ Harald Nitschinger

"Resilience doesn't mean a supply chain that doesn't see risk. That's impossible. It means setting yourself up to withstand shocks and disruptions." - Harald Nitschinger, Co-founder and CEO, Prewave

Today's supply chains operate in a world of constant shocks, but the risks that matter most rarely show up on procurement's tier one dashboard. Often, the real trouble is buried further downstream, so procurement leaders have to redefine how and where resilience is built and risk is monitored.

In this episode, host Philip Ideson speaks with Harald Nitschinger, CEO and Co-founder of Prewave. Harald's team helps some of the world's largest manufacturers map and monitor their supply chains beyond what's visible, harnessing AI and public data to reveal risks buried at tier two, three, and beyond.

His insights are especially pertinent for procurement teams wrestling with supply chain visibility or struggling to connect risk data to executive business cases. Harald also shares real-world strategies for unlocking upstream visibility, making the business case for resilience investments, and building an operating model that actually responds when risk hits.

In this episode, Phil and Harald discuss:

-Surfacing hidden supplier risks using public data and intelligent mapping

-Leveraging supply chain transparency in supplier qualification and negotiations

-Identifying and monitoring bottlenecks in categories like semiconductors and rare earths

-Tying risk scenarios to hard financial impact for practical resilience investments

Links:

Harald Nitschinger on LinkedIn: https://www.linkedin.com/in/harald-nitschinger-88488280/

Prewave company profile in the AOP Provider Directory: https://artofprocurement.com/provider-directory/prewave

Subscribe to the AOP Newsletter: https://resources.artofprocurement.com/art-of-procurement-podcast-subscribe

Subscribe to Art of Procurement on YouTube: https://www.youtube.com/@ArtofProcurement

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