Discover measures to safeguard your consumer goods and retail business to uphold profitability amidst tariff adjustments.
Navigating the complexities of tariff changes is a critical challenge for consumer goods and retailers today. Our research highlights the importance of a comprehensive, cross-functional approach to manage both the immediate and long-term impacts of tariffs on your business. To start, it is essential to assess your current and potential exposure to tariffs, including any retaliatory measures that could affect your supply chain. In the medium term, retailers must focus on mitigating the direct costs of tariffs and those potentially passed on from exposed suppliers. For long-term resilience, diversifying the supply chain is crucial.
For a more comprehensive explanation of these strategic maneuvers, download the guides on thriving amid tariff uncertainty.
Industry insights and trends, one click away