Copy to clipboard 
President Trump’s sporadic tariff policy aims to reset U.S. trade relations and protect American manufacturing. Those potential long-term goals have so far caused short-term pain as orthopedic leaders across the world try to chart a productive course forward.
Still, supply chain professionals can use the current chaotic landscape to reinforce the importance of best practices that mitigate risks, maintain access to necessary resources and keep product development projects on time and on budget.
It’s best to diversify supply sources and negotiate bulk purchase agreements for materials that are impacted by the tariffs.
Collaborating with raw material providers to establish prioritized capacity agreements avoids expensive spot buys, especially for materials impacted by the tariffs.
Increasing par levels of critical supplies prone to disruption while maintaining cost efficiency. Shifting device production to U.S.-based suppliers will help avoid the full brunt of the tariffs.
The uncertainty of today’s global environment makes managing supply chains more challenging, but focusing on the fundamentals provides a touchstone for sustained success.
The infographic is proudly sponsored by Intech, your premier vertically integrated design and manufacturing partner dedicated to orthopedics.
