Tariff Risks Part I – An evolving uncertainty
Even the most streamlined manufacturing supply chains face risks that have the potential to disrupt the business. At the top of that list, according to a survey of 10-K filings of the largest 100 publicly traded U.S. manufacturers, is the threat of foreign supplier distribution disruptions. The potential for tariffs, between the US and some […]
Tariff Risks Part II – Mitigation Strategy Analysis
As we saw in our last blog (Tariff Risks – Part I), trade/tariff risks can be a major geopolitical uncertainty for the manufacturing and retail sectors. How can companies prepare for this besides relying on insurance products? Price Increases The first and most direct mitigation strategy is to pass the associated cost increases to customers. […]