Coupa, the AI platform for total spend management, announces its Tariff Impact Planning (TIP) app, part of Coupa’s Supply Chain Solutions suite, designed to help businesses navigate global trade and tariff policies and ensure profitability amidst widespread uncertainty. Coupa’s Supply Chain Solutions enable leaders to seamlessly build tariff-optimized supply chains that assess current networks, future implications, and alternate strategies to balance tariff reduction, operational efficiency, and protect bottom-lines. Coupa’s Tariff Impact Planning app, known as TIP, literally offers insights and tips needed for businesses to respond dynamically to safeguard margins and minimize disruption. Key features of the TIP app include: Tariff Optimization: Proactively review current supply chain networks and explore alternate strategies to mitigate tariff impacts, considering trade-offs between cost, service, and risk in production and sourcing locations. Duty Drawbacks: Explore specific tariff impacts on input and manufacturing costs, and identify potential ways to qualify for duty drawbacks based on the flow of goods through the supply chain. Layered Tariffs: Evaluate the costs of raw material inputs, manufacturing for semi-finished goods, and goods sold for finished goods to avoid unnecessary compounding. Pricing & Market Access: Assess market and policy scenarios to inform pricing strategies, helping to navigate potential cost increases while balancing competitiveness and customer impact