Responding to Tariffs Agility in a volatile regulatory environment New and fluctuating tariffs and potential shifts in trade relationships are creating significant challenges for management teams. Supply Chain and Finance functions are pivoting to operate under greater volatility and uncertainty. While the direction, magnitude, and duration of tariffs remains unclear, companies need options and flexibility. Protiviti offers the expertise to help you develop agility and navigate this period with confidence.There are key areas of immediate focus for management to consider:Cost fluctuations – The threat of supply chain disruptions will impact margins and knowing how to mitigate those impacts in a timely fashion is critical. It will involve deep dives into supplier contracts, legal reviews and options to diversify / modify pricing, delivery and logistics.Inventory policy and capital management – It is important to re-evaluate inventory policies and working capital management strategies in light of potential cost increases.Budgeting and strategic planning – Recalibrating budgets and forecasting amidst significant uncertainty will require having robust and flexible scenario planning capabilities.Cash flow forecasting – Optimization of cash flow and having transparency into what levers to pull in the near and long term is increasingly important, driven by the need for additional cash for supply flexibility, investments or loan covenant compliance. 85% of AICPA members reported that tariff uncertainty influenced their business planning. AICPA & CIMA 1Q25 Economic Outlook Survey 59% of AICPA members believe tariffs would negatively affect their businesses AICPA & CIMA 1Q25 Economic Outlook Survey Featured insights PODCAST Responding to Tariffs: Achieving Financial and Operational Agility in a Volatile Regulatory Environment – with Kerry Buchar and Lucas Manganaro Tariffs are the dominant issue of the day and the focus of our latest edition of Powerful Insights as we discuss how companies can assess and respond to them effectively in their organizations.Without question, tariffs are dominating agendas and... BLOG CFOs Must Be the Voice of Reason Amid Tariff Turmoil The CFO’s thoughtful, fact-rooted reaction and action to tariffs can stand out in contrast to what may appear to be drama day-trading by many (or even most) others who track tariff activity as a process story. Measurable concern: A recent survey... SURVEY 2025 Report on Top Risks Read Protiviti's Top Risks Report 2025 covering executives' views on emerging risks related to AI, cyber threats, talent management, and economic shifts. PODCAST Podcast | Tax, Trade and Tariff Blind Spots in the Boardroom – with Frank Kurre and Lance Mangum Our Blind Spots in the Boardroom series is focused on critical business issues that can significantly impact an organization's strategy and operations, particularly those that the board and/or C-suite are not focused on at all or enough.In this... Button Pagination Button How we’re helping clients Data optimization and consolidation Our team integrates data from different systems to provide clients with the reporting they need to make timely, fact-based decisions. Scenario planning and forecasting Our expertise in understanding key business drivers and developing and automating models provides management with the visibility to manage volatility. Budgeting and strategic planning We help extend detailed budgets into multi-year forecasts to confirm alignment with long-range investor goals. Business planning & analysis We offer subject matter expertise for immediate resource support to perform planning and analysis activities, strategic business decision support, and enhanced financial and supply chain reporting. Cost containment We deploy our cost containment strategies to identify and implement cost savings and drive performance for both short- and long-term goals. Cash flow forecasting We help design and develop accurate and comprehensive cash flow forecasting and modeling scenarios to assess the potential impact of working capital policies on cash. Supply chain optimization and resilience We help our clients navigate supply chain challenges, complex scenario analyses and mitigation of geopolitical flashpoints. Connect with us Kerry Buchar Kerry is a Managing Director in Chicago with experience in accounting and finance transformation. She advises clients across industries on financial planning and analysis, strategic reporting, target operating model design, process optimization and shared services.  ... Learn More Lucas Manganaro Lucas Manganaro is a Managing Director at Protiviti and leads the Supply Innovation Practice. Throughout his 20+ year career, Lucas has held multiple supply chain and procurement leadership roles focused on transforming business processes and leveraging technology to ... Learn More