Reducing Tariff Exposure - Using PLM to Manage Manufacturers' Risk

This IDC Market Note explores ways that manufacturers can leverage PLM to manage the business impact of increased tariffs. In the current geopolitical climate, tariff threats are increasing manufacturers' economic risks, impacting production costs, profit margins, and supply chains. PLM is a strategic tool that can help identify risks, control costs, and improve resilience by providing supply chain visibility and allowing manufacturers to make informed decisions and manage risk through cross-functional collaboration and product configuration. By integrating PLM with ERP and SCM, manufacturers can maintain profitability and ensure financial compliance despite tariff fluctuations. As geopolitical uncertainties continue to evolve, PLM offers unique capabilities to reduce risks and optimize costs.