Walmart Supplier Tool Responds to Tariffs — Bloomberg

Walmart offers a tool that can help suppliers keep track of how tariffs impact costs:

“The retailer introduced the tool, dubbed “Cost Change Scenario,” a year ago and has been rolling it out across product categories, according to internal memos and emails obtained by Bloomberg. The online application, whose existence hasn’t previously been reported, replaces Excel-based forms that vendors had to fill out manually. The new process is quicker and lets vendors choose a reason for the cost hike from a menu that includes tariffs, labor, transportation and raw materials.”

P.S.  Tariffs could increase costs for just about everyone in the supply chain. Our courses can help you run a nimble business and keep costs down as much as possible. Check out our Order Forecast class, as well as others, today.

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