Abe Orgel’s Post

💡 Have you ever considered how much tariffs could be quietly eroding your profit margins? 👇 🏗 For manufacturers, tariffs aren’t just a line item—they can shrink profit margins by 2-5% on average. That might not seem like much at first glance, but over time, it can mean tens of thousands of dollars lost per contract.💸 I saw this firsthand when working with a Procurement Manager in Metal Components. By using a tariff management tool, they saved $7,000 on their next contract quote—and it only took 15 minutes to implement. 🔍 Here’s what I’ve learned: Tariffs, if unmanaged, can become a silent profit killer. Even a small percentage can ripple through a supply chain, compounding losses with every purchase order. 🚀 What I recommend: Proactively review tariff impacts on key suppliers. 🛠 Use tools that simplify tariff tracking and analysis. 👔 Collaborate with stakeholders early to forecast and budget for tariff-related costs.📈 Procurement today is about more than buying—it’s about managing complexity to protect profitability. Have you encountered challenges with tariffs in your contracts? I’d love to hear what strategies have worked for you. Drop your thoughts below! 👇 #Procurement #TariffManagement #SupplyChainSuccess #CostSavings #ManufacturingInsights

US is threatening Tariffs again. Anyone able to go chat with President Trump? I cringe everytime I hear the word tariff. Do politicians know what happens at the organization level each time there is a shift in tariffs? From the seats of program and product managers and accountants, every line item in estimates and invoices, work orders as materials are added or sold, every item is assessed and coded according to the tariff rates that apply. Purchasers must code every item according to place of manufacturer and apply the rates when they master numbers in inventory systems. Service and sales reps, managers and accounting of course must stay current and be able to identify, when and how to apply tariffs and be fluent to explain across the supply chain. Never mind the cost that's applied, the other riple effect is scrambling to apply all the changes across industries. Can we just stabilize and standardize? Simplify instead of adding more complexity and shutting down legacy systems like free trade. Bah humbug.

💡 Did you know that tariffs can quietly erode your profit margins? 👇 🏗 For manufacturers, tariffs aren’t just a line item—they can shrink profit margins by 2-5% on average. That might not seem like much, but over time, it can translate to tens of thousands of dollars lost per contract. 🌍 Here’s a real-world example: A Procurement Manager in Metal Components saved $7,000 on their next contract quote by using a tariff management tool. It only took them 15 minutes to implement, but the results were immediate and impactful. 🔍 What this shows us: Tariffs, if unmanaged, can become a silent profit killer. A small percentage can ripple through your supply chain, compounding losses with every purchase order. 🚀 What can you do? Proactively review tariff impacts on key suppliers. Invest in tools that streamline tariff tracking and analysis. Engage stakeholders early to forecast and budget for tariff-related costs. Procurement is no longer about just buying—it’s about managing complexity to protect profitability. What strategies have worked for you when facing tariff challenges? Share your insights below! 👇 #Procurement #TariffManagement #SupplyChainSuccess #CostSavings #ManufacturingInsights

Brace for Tariff Hikes! With a 60% tariff looming on Chinese imports, shippers need to consider strategies like early bookings and rate locks. Is your business prepared? Dive into the full article for more strategies below. https://lnkd.in/dukf7Exx

Because #tariffs get invisibly baked into the price of goods, it’s nearly impossible for you to look at two products and know whether the price difference is a result of quality, supply, or tariffs. Watch here: https://hubs.ly/Q02xMnlR0

New tariffs will change the calculus of purchasing strategy across the industry. My key question is: how extensive will tariffs become? Over the last six years, tariffs have gone in one direction: up. Biden has built on Trump's trade policies—a rare bipartisan issue. If we see a second Trump administration, I expect an additional double-digit increase on all goods in the auto supply chain. The Western automotive industry is just beginning to wake up to the real risks associated with the new realities of economic conflict with China. I have been looking at supply chain resilience for one of our clients. We are seeking manageable mineral and chip impact, but an across-the-board massive tariff would require radical actions to hold end vehicle prices. Is your company addressing this type of economic risk? Join us tomorrow for an in-depth webinar on Thursday, May 16th, where we will explore these pressing issues and more. See the comment from Seraph. on how to attend. Seraph Europe President Wade Phillips and I will analyze the latest developments, present findings from our recent leader survey, and offer our candid perspective on the trade landscape affecting automotive OEMs and suppliers. Your questions are welcome. Everyone who registers will receive a PDF copy of the report within a few days after the webinar—a valuable resource for your teams. If you’re unable to attend, leave a comment to receive the report, and we will ensure you get a copy. cc: Justin Fortier

I don't know about you, but the tariffs being promised for 2025 have me thinking about the impact these changes will have on my clients' supply chains and cost of goods - and by extension, outcomes for my own business. Two thoughts keep surfacing... Now's a Great Time to Diversify: A well-diversified business can weather the economic storms. The current conversation is a reminder to keep your options open and de-risk the uncertainty by expanding beyond a single product, service, market, customer, or country of origin. Consider Second-Order Effects: Tariffs will usher in a global recalibration of "standard operating procedures" and decision-making frameworks; putting contingency plans together that address the unintended consequences of tariffs can help future-proof your projections. For me, this all means I'm 1) researching new customer segments and 2) working with partners who can deepen my service offering - like VentorTech and doo.FINANCE. How are you thinking about your business post-election? Do you have any plans for diversification?

Tariffs and retail prices: What consumers need to know https://buff.ly/3O2woAq #maritime #shipping #supplychain #maritimenetwork

Tariffs seem imminent and will lead to price increases - so how should businesses and individuals prepare? An interview I gave to Salon: https://lnkd.in/eh3PdZNx

Voters clearly did not understand how tariffs work, and are going to have serious buyer's remorse when prices go up another 10-20% next year. There is a way to apply pressure to roll these back, which is for retailers to break out tariffs in their prices and to educate consumers. See my article (and share widely) at