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09
November
2018

Tangling with Tariffs

Adjusting to the new reality

iStock 926907538smallMany of our clients order directly from China and have been impacted by the newly imposed tariffs. When viewed within the context of DesignSmart, a tariff charge is not much different than a freight charge, a warehouse fee, or any other user-definable "sub-charge" that you can set up within the system.

What makes tariffs different is that the tariff rate can vary by product. And according to news reports, the rates set recently will change again soon. 

There is no question that it will take design firms significant effort to keep up with the constantly changing rates and regulations. But if there is any good news in all of this it is that with some modest modifications, DesignSmart can be tailored so the process of assigning tariff rates to products and including tariffs in proposals, purchase orders, and invoices is as efficient as it can be.

If your firm is facing the quandary of charging tariffs, then give us a call so we can work together to figure out the best way to implement tariffs in your version of DesignSmart.  (End of article)

Categories: Technology