On Tariffs and Procurement Strategy

The global procurement environment is undergoing structural transformation. Trade policy is increasingly subordinated to state security objectives, supply chains are subject to export controls and localization mandates, and geopolitical risk has become a permanent variable in sourcing decisions. Procurement functions that were optimized for cost efficiency and just-in-time logistics now face requirements for resilience, diversification, and strategic alignment with enterprise risk frameworks. This research examines how procurement strategy, supplier networks, and governance structures must evolve to operate effectively in a fragmented, protectionist, and strategically contested global environment.