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How AI mitigates Higher Tariffs

Be prepared for fluctuating costs and the impact on business.

Tariff policies are changing by the hour, and many retailers and manufacturers are anxious about how rising costs and fewer imports will impact their profitability.

These organizations must adjust their sourcing and pricing strategies in response to new developments. Having stable measures in place to monitor and pivot is not a “nice to have” any longer: It’s critical.

The Solution

Spaulding Ridge’s Tariff Impact AI Application gives businesses the insights they need to navigate tariff changes.

With this solution, businesses can:

Understand how tariffs affect their P&L​

Identify their areas of greatest tariff exposure​

Assess the total impact of current and future tariffs on their business with scenario planner​

Get recommended responses and have ability to compare​

Key Features

Your organization can mitigate the impact of tariffs, helping you stay lean even in a challenging market.​

Calculate your total effective tariff rate and landed costs across all shipments​

Pinpoint the specific product categories and origination / destination markets contributing to your tariff exposure​

Create “what-if” scenarios to assess different tariff mitigation strategies and potential tariff shifts​

Generate a dynamic risk forecast based on current and historical data​

The Benefits

Spaulding Ridge’s Tariff Impact Analysis solution enables organizations to effectively navigate tariff changes by optimizing their sourcing strategies. It provides real-time insights into how tariffs affect costs and competitiveness, allowing for data-driven decision-making.​

As a result, you’ll have the data you need to:​
  • Understand how tariffs affect your P&L​
  • Respond to Market changes​
  • Maintain profitability​
  • Be confident in your strategies for moving forward.​

The best you can do is be prepared. If there is uncertainty in how you will prepare the business to make smart decisions through rising or rapidly changing costs, let’s discuss.​

Contact our experts today for a personalized demo

See how our solution can quantify your exposure and guide your mitigation efforts.