In this video, we explore expert strategies for effectively managing tariff costs within supply chains. Learn how digital transformation and data optimization can empower crucial decision-making in logistics and fulfillment, ensuring a resilient and agile supply chain. #SupplyChainManagement #TariffStrategies #DigitalTransformation #LogisticsInsights #CostOptimization #AgileSupplyChain #DataManagement #ExpertAdvice #BusinessOperations #SupplyChainChallenges Check our YouTube Channel community to register to attend the next Industry Whispers event.
Whisper Report: How can we manage tariff costs in our supply chain?
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Published to clients: February 27, 2025 ID: 2057 at https://tbwadvisors.com/tbw2057
Published to Readers: February 28, 2025
Sponsored Release: March 1, 2025
Video Edition Premiere: March 3, 2025
Analyst(s): Dr. Doreen Galli
Photojournalist(s): Dr. Doreen Galli
Abstract:
To manage tariff costs in the supply chain, a two-pronged approach is recommended: cleaning up data for better decision-making and optimizing cost parameters. Digital transformation is crucial for navigating tariff challenges. Additionally, avoiding hidden costs, moving on-shore, reducing cycle costs, and leveraging free trade zones can help. Utilizing tools to understand total landed costs and diversifying suppliers and logistics providers are also key strategies.
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