Explore the reactions of supply chain leaders to escalating U.S. tariffs and the uncertainty they create. Discover how organizations are adapting their strategies to mitigate risks and manage inventory effectively. Learn about the evolution of trade volatility between past and current administrations. The significance of scenario planning in navigating tariff challenges is also highlighted. This conversation emphasizes the need for both short-term tactics and long-term strategies in a shifting geopolitical landscape.
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insights INSIGHT
Uncertainty in Supply Chain
Supply chain leaders' biggest concern is tariff uncertainty.
They struggle to plan without knowing the potential impacts.
insights INSIGHT
Surprising Executive Orders
The new executive orders contain surprising elements, like the elimination of drawback and Section 321 de minimis benefits.
This creates complexity for importers and slows down supply chains.
insights INSIGHT
Tariff Differences and Similarities
Current tariffs differ from 2018 in speed, exclusion allowances, and breadth.
However, mitigation tactics remain similar, giving companies a familiar playbook.
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Chief supply chain officers (CSCOs) and supply chain leaders’ initial reactions to new U.S. tariffs and the uncertainty surrounding them. (1:54)
Direct or indirect implications of the executive orders that supply chain leaders must account for. (3:22)
Differences and similarities in trade volatility between the prior Trump administration and the current Trump administration. (6:14)
How supply chains can respond to these tariffs, and what some organizations are already doing. (8:13)
Some of the factors influencing current approaches to scenario planning for the Trump administration tariffs. (12:30)
In this episode of the Supply Chain Podcast, host Thomas O’Connor speaks with Gartner analysts Brian Whitlock and Suzie Petrusic about how the new U.S. administration’s tariffs stand to affect supply chain operations. In the show’s first half, Brian explores some of these tariffs’ particular details and their effects on potential mitigations. In the second half, Suzie expands on these mitigation strategies across the short and long term, as well as the influences behind them.
Brian Whitlock is a senior director research analyst in Gartner’s Logistics and Fulfillment team. He is responsible for advising logistics leaders and the C-suite in strategy design and execution, and for building capabilities that improve the performance of their logistics function. Brian is also the key initiative leader responsible for the research plan for Logistics and Fulfillment. Brian joined Gartner in 2020. He has over 30 years of experience leading global logistics, transportation and trade management organizations with expertise in strategy, operations, finance, procurement and supplier development and trade management.
Suzie Petrusic, Ph.D., is the Gartner senior director analyst serving chief supply chain officers in all the areas of supply chain related to strategy leadership and execution. She has authored and co-authored research and case studies on topics such as risk, supply chain maturity, the future of the supply chain, customer enablement, supply chain constraints and inflation and recession. Suzie also leads Gartner’s research agenda for chief supply chain officers.
The Gartner Supply Chain Podcast