Exiger Unveils Tariff Intelligence Solution
In an ever-evolving global market where tariffs and trade policies can drastically affect business operations, Exiger has taken a significant step forward by launching its innovative solution, Tariff Intelligence. Designed as an all-encompassing platform, this tool aims to provide real-time insights and comprehensive visibility into tariff exposures throughout the supply chain.
Exiger, a leader in supply chain AI solutions, has crafted Tariff Intelligence to serve as a command center for businesses navigating the complexities of tariffs. The solution employs advanced visualization, automated workflows, and agentic AI to allow users to map tariff exposures down to individual components within their supply chains.
A Central Hub for Tariff Navigation
Tariff Intelligence is built on a robust framework of features that allow companies to gauge their tariff impacts accurately. This includes not just the identification of areas facing higher tariffs, but also enabling targeted strategies to mitigate these costs effectively. The platform integrates seamlessly into Exiger's existing ecosystem, offering users a single sign-on interface that emphasizes user-friendliness while harnessing the power of AI-driven analytics.
Brandon Daniels, CEO of Exiger, explained, "Tariff shifts do not simply affect one border but can create ripples through the components of a product that might journey through several countries before reaching consumers or healthcare centers." By providing a detailed 'x-ray' of potential exposures, the platform is set to revolutionize how businesses adapt their sourcing and production strategies in response to dynamic market changes.
Key Features and Benefits
One of the standout capabilities of Tariff Intelligence is its real-time tariff mapping, enabling users to visualize where tariffs impact their products down to the raw material level. Moreover, the use of agentic AI contextualizes these impacts and empowers companies to make informed decisions quickly. The solution offers critical capabilities, including:
- - AI-powered tariff exposure assessments to reveal hidden risks.
- - Multi-tier supply chain visibility which uncovers unexpected relationships that may affect tariff costs.
- - Dynamic modeling of tariff scenarios, aiding in strategic planning and cost mitigation efforts.
- - Automation and validation of Bills of Material (BOMs) to streamline goods handling.
- - Rapid identification of alternative suppliers to ensure continuity in operations while avoiding cost escalations.
This comprehensive approach not only empowers businesses to respond effectively to immediate tariff announcements but also prepares them for long-term resilience against various disruptions, including geopolitical tensions and climate-related risks.
Navigating the Tariff Landscape
The onset of trade barriers shouldn't signify an immediate halt in progress. Kit Conklin, Exiger's Global Head of Risk and Compliance, added, "Many products exist today that merely alert users to tariff announcements. However, that is only a fraction of the challenges businesses need to navigate. Tariff Intelligence provides a holistic view, offering insights into risks and opportunities at every stage of the supply chain."
Exiger’s proactive approach ensures that customers can effectively pivot strategies as new tariffs come into play, ensuring both profitability and sustainability in operations. Recently recognized as a leader in the Gartner Magic Quadrant for Supplier Risk Management, Exiger continues to push the boundaries of risk and compliance management.
The launch of Tariff Intelligence is set to make waves at the 2025 Gartner Supply Chain Symposium/Xpo in Orlando, Florida, where Exiger will showcase the tool's capabilities and benefits. Participants are encouraged to interact with the new solution at Booth #211 and join discussions on the evolving landscape of supply chain management.
With its dedication to empowering organizations to navigate risks efficiently and transparently, Exiger is positioned to redefine how businesses approach supply chain management in a world riddled with uncertainties. Its mission remains unwavering: to foster a safer, more transparent, and resilient supply chain ecosystem for its global clientele.
For additional insights into Exiger and its revolutionary solutions, visit
Exiger.com or connect on LinkedIn.