Navigating New Tariff Challenges: Are SMBs Prepared for the Shift?
netstock has unveiled a fresh report detailing how small and midsize businesses (SMBs) are navigating teh challenges posed by increasing tariffs. Titled “Tariff impact Report 2025: 5 Proactive Strategies for SMBs,” this study, which surveyed over 120 American firms, provides insights on how too stay agile in a rapidly evolving trade landscape.
The results reveal that many smbs are lagging in their adoption of data-driven tools to tackle tariff issues. A mere 12% utilize analytics for cross-border decision-making, despite rising costs affecting various segments of their supply chains.
Ara Ohanian, CEO of Netstock, emphasized the urgency for SMBs to adopt advanced inventory management solutions enhanced by AI and real-time analytics. “In an era marked by unpredictable tariffs, these tools aren’t just nice-to-haves; they’re essential for survival,” he noted. “Sticking with outdated quarterly planning methods won’t cut it anymore—daily insights powered by AI are crucial for adapting effectively.”
lora Cecere, Founder of Supply Chain Insights and contributor to the report, pointed out that customary historical data is frequently enough insufficient for small manufacturers. she advocates leveraging market data through advanced AI analytics rather.
The report highlights five actionable strategies that SMBs can implement:
- Embrace Daily Data Usage: Forget about quarterly reviews; real-time analytics enable quicker and more informed decisions.
- Consider Nearshoring: if reshoring isn’t feasible,exploring local suppliers can enhance flexibility in your supply chain.
- revamp Inventory Management: With longer lead times and escalating costs becoming the norm, robust demand forecasting and safety stock strategies are vital.
- Monitor Demand Trends: Tariffs influence not only supply but also customer preferences—keeping an eye on channel data is increasingly important.
- Prepare for Unforeseen Events: Alarmingly, only 22% of surveyed companies had a solid strategy ready to go when surprises hit; adaptability and collaboration will be essential moving forward.
By adopting these strategies now rather than later, SMBs can better position themselves against future tariff fluctuations while enhancing overall operational resilience in today’s complex market habitat.
Content Original Link:
" target="_blank">