How do you track tariff exposure before a purchase order is approved?
What information would you collect early enough to avoid discovering a duty problem after the goods are already on the water?
All questionsTariffs
7 replies
- Product specification, expected origin and destination would be my starting point. A supplier address alone doesn't establish the origin of everything they sell.
- I'd put the classification review before the final margin approval for high-risk items. A cheap purchase price can distract people from the import cost.
- Separate confirmed duty treatment from items still awaiting a broker answer. A blank cell should not behave like zero in the purchasing calculation.
- Ask who is the importer of record. That responsibility can get lost when the quote uses a delivered term and everyone assumes the other party is handling it.
- Record the source and review date behind the estimate. Then you can refresh only the affected lines when a notice changes.
- For a new SKU, include samples, tooling and other payments in the valuation discussion with the broker. The invoice price may not be the whole customs question.
- I would give purchasing a short exception list rather than a legal manual. They mainly need to know which orders require specialist review before commitment.
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