Rising Trade Costs, Choking Margins

Tariff-related volatility presents an organization’s sourcing team with a significant challenge: identifying new sources for goods, materials, and labor. 

In a perfect world, this team helps map and understand the risks associated with each supplier and SKU. In large companies, which often have extensive sourcing teams, solving the problem is significantly more challenging than in organizations with smaller sourcing teams. AI plays a crucial role in closing the loop between discovery and demand management.

In this whitepaper, we outline how AI tools are foundational and enable small teams to quickly update supplier databases, allowing the models to simulate changes under different scenarios and provide accurate results.

Download this whitepaper for more insights.