Optimizing Pricing to Mitigate the Impact of Tariffs
The Trade War between the United States and China continues as frequent tariff announcements affect billions of dollars of imported goods. Retailers and brands feel the pain as their gross margins continue to thin with increasing costs. While some companies flex their influence to squeeze their suppliers, others feel they have no choice but to increase prices—decreasing product demand for consumers and affecting buying decisions. With no end in sight, retailers and brands must take action to prepare for these tariff increases.
First Insight's retail predictive analytics solution helps shield companies from the impact of tariffs through price optimization software. Learn how by downloading our case study one-sheet.
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