About
This project analyzes upcoming tariff changes for products imported from countries like China, Canada, Vietnam, etc. It will catalog products by import volumes, categories, and HS codes, then assess the impact of new tariffs on pricing, demand, and profitability. Financial modeling will forecast cost changes and develop risk mitigation strategies. The final deliverables will include a product list, cost impact report, and strategic roadmap.
Challenge, approach, and impact
Data Integration & Accuracy
Ensuring seamless integration of diverse data sources, such as customs records, tariff databases, and import data, while maintaining accuracy and consistency in formats and classifications.
Product Classification & Risk Assessment
Accurately classifying a wide range of products by HS codes and evaluating their exposure to new tariffs to ensure a precise risk assessment for each product.
Supply Chain Impact & Mitigation Strategy
Analyzing the impact of tariff changes on global supply chains and developing strategies for risk mitigation, including sourcing alternatives and exploring local manufacturing options.
Dynamic Financial Modeling & Scenario Planning
Developing advanced financial models capable of simulating multiple tariff scenarios and forecasting their impact on pricing, costs, and profit margins across various product categories.
Visualization & Reporting
Designing intuitive, actionable reports and dashboards that clearly communicate the impact of tariff changes, enabling stakeholders at all levels to make data-driven decisions.
How we built
Testimonials
Anonymous
Diligent Solutions DOO
“Working on this project has been an incredibly rewarding experience. We were tasked with tackling the complexities of tariff changes and their impact on global supply chains, which required meticulous analysis and strategic planning. The process of cataloging products, analyzing tariff data, and developing financial models to predict potential effects was both challenging and exciting. I’m proud of how we delivered actionable insights and risk mitigation strategies that empowered businesses to proactively address these uncertainties. Seeing the project help stakeholders navigate tariff changes and maintain their competitive edge in the market has been truly fulfilling.“
Team structure
Client team
Leanne B
Lead Software Engineer
Daily point of contact
The client stakeholders were working closely with the team at Diligent Solutions
Agency team
1 x Project Manager
Production
1 x Solution Architect
Production
4 x Data Scientist
Production
