Prewave
5 Case Studies
Case Study: Kumho Tire Co achieves risk visibility and supply chain protection with Prewave
A Prewave Case Study
Kumho Tire Co - Customer Case Study
Kumho Tire Co, a South Korean tire manufacturer, faced financial stress, unpaid wages, and escalating labor tensions in 2018 as its future ownership was uncertain amid a planned sale to a Chinese conglomerate. The company needed visibility into protest and liquidity risks that could disrupt operations and supply chains. Prewave provided real-time monitoring of financial stress and protest-related risk signals.
Prewave tracked grassroots signals, issued a high-risk alert before the strike, and predicted that union members would officially announce strike action by March 15, 2018. The vendor continued monitoring the situation as it developed, helping Kumho Tire Co anticipate disruption as workers moved from demonstrations to partial and then full strikes, which caused major business interruption losses.
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