Prescience ApS is a Danish technology company founded in 2015. Prescience is backed by private investment and funding from InnoBooster and Nordjysk Lånefond, both parts of the European Union initiative to drive regional development.
The Prescience team is focused exclusively on developing and operating a SIMPLE, FLEXIBLE and FAST collaborative platform for businesses in Make-to-Order supply chains, that need stronger integration with their trading partners. Combined, the team has more than 15 years hands-on experience creating solutions to meet the operational challenges of global Make-to-Order outsourcing and subcontracting setups.
While outsourcing and subcontracting can bring reward it also imposes a risk for the buyer, as business objectives depend on supplier performance. The complexity arises because supplier information is often minimal and poorly organized, making risk analysis difficult for the buyer. Essentially, it comes down to lack of transparency in the upstream supply chain – this is where Prescience comes into the picture.
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