CSCOs seek proactive strategies amid rising tariffs
Discover how CSCOs can proactively prepare for rising tariffs
March 2025
Geopolitical risks are on the rise with tariffs and trade policies impacting supply chains. CSCOs are seeking answers to manage these risks and mitigate costs. They are partnering with industry leaders, consulting internally with government affairs, and forming risk councils to monitor the situation. CSCOs need to see the big picture and develop a framework to game out the largest risks.
Some key considerations for CSCOs are:
- Tariffs and trade policies: CSCOs need to be aware of the latest tariffs and trade policies and how they will impact their supply chains.
- Geopolitical risks: CSCOs should track the top 3-5 geopolitical risks and run scenario analysis to assess their impact.
- Risk framework: CSCOs need to develop a risk framework to prioritize risks and refresh it on a quarterly basis.
- Proactive steps: CSCOs must be proactive and take advantage of opportunities that arise from geopolitical risks.
- CEO/board engagement: CSCOs that share their risk framework with the CEO and board help ensure alignment and support.
Dive into our thinking:
CSCOs seek proactive strategies amid rising tariffs
Explore how supply chain leaders can navigate tariffs and other geopolitical risks.
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