With the recent imposition of a 31% tariff on South African exports to the U.S., businesses across industries such as agriculture, manufacturing, and mining face serious challenges to profitability and competitiveness. Enterprise Resource Planning (ERP) systems offer a powerful suite of tools to help businesses navigate these changes effectively.
1. Cost Visibility and Margin Protection ERP systems allow businesses to track and analyse landed costs, including tariffs, duties, shipping, and insurance. Real-time cost tracking supports proactive pricing decisions and margin protection strategies.
2. Supply Chain Agility ERP offers full visibility across the supply chain, enabling businesses to:
- Identify alternative export markets or suppliers
- Optimise inventory management
- Reconfigure shipping routes to reduce costs
3. Compliance and Documentation Automated generation of export documentation and integration with customs systems ensures compliance with international trade regulations, reducing delays and penalties.
4. Real-Time Financial Insights ERP platforms provide dashboards and reporting tools that offer:
- Real-time updates on tariff impacts
- Cash flow forecasting
- Duty and tax exposure tracking
5. Scenario Planning and Risk Mitigation Advanced ERP solutions enable forecasting and simulation of multiple tariff and trade scenarios. This helps businesses evaluate strategic responses, from price adjustments to production shifts.
6. Strategic Decision Support ERP tools empower leadership to make informed decisions about cost optimisation, market expansion, and operational pivots based on real-time data and predictive analytics.
Our powerful ERP systems – Microsoft Business Central, Microsoft Dynamics 365 Supply Chain Management, and Epicor Kinetic – provide the critical tools you need to navigate this volatile trade landscape. From real-time cost tracking and automated tariff classification to transparent pricing and advanced supply chain management, we equip you to adapt, comply, and stay ahead of the competition.
Speak to one of our experts today and secure your business’s future in the face of growing tariff pressure.