Coupa launches AI-driven tariff tool to help firms weather global trade turmoil
Coupa, the leading 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.
In today’s volatile landscape, more than 50% of CEOs identify trade wars as the leading geopolitical risk for 2025. As organisations seek a structured approach to quantify the impacts of tariffs on cost and operations, 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. Whether businesses are forced to rethink sourcing, manufacturing, logistics, supply networks – or all the above – 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.
“Since the fall of the Berlin Wall, the world briefly experienced a unique moment without competing global powers. But today, with the U.S. and China wielding economic tools as diplomatic levers—and Europe emerging as a potential third pole—it appears the era of free trade has shifted to a contest over evolving definitions of ‘fair trade.’ For supply chain leaders, this means recent tariffs aren’t a short-term anomaly—they’re part of a long-term norm. Hoping for a sudden change to this trend is risky. Instead, leaders need to look to sophisticated automation and technology, like Coupa’s Tariff Impact Planning app, to gain the necessary visibility, model complex scenarios, and make data-backed decisions that safeguard margins and minimize disruption,” said Nick Banich, chief revenue officer at Miebach.
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.
“A lasting trade war could be a black swan event with seismic impacts to supply chains, the likes of which we haven’t seen since the Covid-19 pandemic,” said Dean Bain, SVP and GM, supply chain, Coupa. “As we’ve seen before, supply chains are extremely fragile, and the potential for severe disruptions create dramatic downstream business challenges for each of our customers. With these new tools Coupa is helping companies create an adaptive strategy that suits their unique business model, protecting margins and maintaining their competitive edge even amid ongoing volatility.”
Coupa’s supply chain modeling helps businesses navigate value-added activities and duty drawbacks by tracking the movement of goods. Businesses can evaluate the cumulative impact of tariffs across all stages of the supply chain and determine the most effective response for potential costs increases.