Adapting to Tariffs through Innovation and Efficiency
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Adapting to Tariffs through Innovation and Efficiency
Authors:
Ritesh Thakur
Management Consulting Riteshthakur.85@gmail.com
Atlanta, USA
Abstract— This article explores the critical importance of preparing for supply chain disruptions through proactive and strategic planning. Achieving comprehensive supply chain visibility enables organizations to forecast potential delays, identify bottlenecks, and recognize various disruptions that could impact shipments before they occur. This capability is essential for managing the intricate ecosystem of supply chains, where factors such as port operations, carrier capacity, and border-crossing trends play pivotal roles.
Effective monitoring of day-to-day operational activities throughout the supply chain is fundamental to this proactive approach. The logistics involved are inherently complex, incorporating a multitude of dynamic elements, including shipping partners, varying regulations from different governments, and the unpredictability of global events. Thus, supply chain planning must integrate these diverse variables to empower businesses to maintain agility in the face of unexpected changes and rapidly shifting supply chain conditions. By honing their ability to respond swiftly and effectively to disruptions, companies can safeguard their operations and sustain their competitive edge in a challenging marketplace.
Keywords—Tariffs, Supply Chain, Procurement, Production Planning, Reshoring, Preordering, ERP
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