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SAP BrandVoice: Tech-Driven Strategies For Tariff Mitigation In Business Operations

Feb 26, 2025 - forbes.com
"Tariffs" have become a significant disruptor in global supply chains, impacting costs and strategies across industries. As tariffs increase costs for importers, these are often passed on to consumers, leading to reduced demand and forcing businesses to rethink sourcing and inventory management. The complexity of international supply chains, coupled with rising administrative costs and regulatory pressures, has made it crucial for companies to find ways to mitigate these challenges. While options like nearshoring offer temporary relief, they come with their own risks.

To move beyond reactive measures, companies are encouraged to adopt technology-driven strategies for resilience. Advanced supply chain management solutions, including AI and automation, can transform supply chains into adaptable assets. Key strategies include scenario planning, alternative sourcing, inventory optimization, and enhanced supply chain visibility. By leveraging these technologies, businesses can maintain competitiveness and ensure that tariffs do not dictate their success.

Key takeaways:

  • Tariffs are a major disruptor in global supply chains, causing companies to rethink sourcing strategies and inventory management.
  • Businesses face rising administrative costs and regulatory pressures, prompting leaders to seek ways to mitigate expenses.
  • Technology-driven resilience, including AI and automation, can transform supply chains into adaptable assets.
  • Real-time supply chain visibility and scenario planning are essential for minimizing the impact of tariffs and other disruptions.
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