Your S2P data holds the keys to understanding how tariffs are affecting your bottom line. But unlocking that insight takes more than just reports — it requires thoughtful data structure, strategic analysis, and the ability to translate findings into action. With the right dashboards and spend analysis tools, you can:
- Quantify cost increases linked to tariffed SKUs or regions: By tagging SKU-level spend with harmonized tariff codes and country-of-origin data, you can isolate which products are being hit with duties — and how those costs are impacting your P&L.
- Identify supplier dependencies that expose you to risk: Aggregating supplier spend across regions and categories allows you to pinpoint overreliance on specific vendors or countries, particularly those vulnerable to trade restrictions.
- Compare local vs. global sourcing impact: Side-by-side analysis of domestic versus international sourcing helps you evaluate where reshoring or nearshoring may reduce tariff exposure or logistics risk.
- Model alternate sourcing scenarios under different tariff assumptions: Advanced S2P platforms support “what-if” scenario planning that lets you test alternative supplier mixes, contract terms, and shipping routes based on evolving tariff rates.
While many organizations have the raw data, few have the structures, integrations, or processes needed to turn that data into insight.
Optis helps clients make their source-to-pay solutions more efficient by facilitating:
