Fluctuating tariffs and potential shifts in trade relationships are creating significant challenges for management teams. Companies across industries are pivoting to operate under greater volatility and uncertainty. While the direction, magnitude, and duration of tariffs remain unclear, companies need options and flexibility. Protiviti offers the expertise to help you develop agility and navigate this period with confidence.

There are key areas of immediate focus for management to consider:

Cost Volatility and Margin Pressures: Tariffs disrupt margins; mitigate impacts by renegotiating supplier contracts, diversifying sourcing and adjusting pricing strategies.

Supply Chain and Inventory Optimisation: Reassess inventory policies, secure critical resources, and build flexibility into supply chains to reduce costs.

Strategic Forecasting and Scenario Planning: Use scenario planning to recalibrate budgets and forecasts, ensuring informed resource allocation amidst uncertainty.

Cash Flow Management and Financial Resilience: Optimise liquidity and develop contingency plans for funding operational adjustments or compliance needs.

Cross-Functional Coordination: Align finance, supply chain, legal, and operations teams to address impacts and implement unified strategies.