Tariff volatility can jeopardize profits, making agile sourcing critical for businesses. The 4,400-page Harmonized Tariff Schedule changes frequently, causing compliance risks and operational inefficiencies. Companies face potential fines and delays due to misclassifications, while compliance teams struggle to keep pace. To thrive amidst this chaos, organizations should leverage AI and automation.
Microsoft’s suite offers powerful tools for navigating these complexities:
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Dynamics 365 provides built-in agents for supplier communication, enabling rapid adjustments to tariff changes without manual tracking.
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Copilot Studio allows businesses to develop custom agents that assess tariff impacts and monitor supplier communications, ensuring data integrity through Microsoft Dataverse.
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Partner Solutions, like Avanade’s Tariff Navigator, integrate with Dynamics 365 for specialized tariff management, enhancing decision-making capabilities.
Embracing these solutions equips businesses to handle tariffs proactively, safeguarding profitability and building resilience against global market fluctuations.
