85% of businesses say tariffs have significantly disrupted their operations.

As the Supply Chain sector begins to plan for H2, there is significant concern regarding the volatility, both geopolitically and macroeconomically.

In a recent Sphera survey, 200 CPOs and CSCOs said they are responding to these disruptive shifts with:

  • Expanding into new markets: 0.5% have already expanded into new regions, with 37.5% planning to follow within 12 months. Diversify not just supply, but demand too.
  • Retiring low-margin products: 40% have cut low-margin SKUs, freeing resources to focus on strategic opportunities.
  • Relocating supply chain operations: 45.5% have shifted operations, with 37.5% planning to do the same to enhance resilience and control.

Why they are acting now

  • Escalating tariffs and rising material costs strain budgets.
  • Unpredictable trade routes challenge shipping efficiency.
  • Regulatory realignments and compliance risks heighten uncertainty.

How Sphera is supporting their response

Sphera empowers procurement and supply chain leaders to anticipate change, optimize sourcing, and maintain continuity.

  • N-tier supplier mapping with global visibility: Identify global risk hotspots and dependencies.
  • Agile sourcing support: Implement nearshoring, offshoring, or friendshoring with data-driven insights.
  • Enhanced risk monitoring and early warning tools: Leverage AI and real-time data for faster alerts and actionable insights.

Sphera combines AI, human expertise, and real-time data to deliver clarity, faster alerts, and actionable insights. From entering new markets to cutting product complexity or relocating suppliers, Sphera equips you to adapt with confidence.

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