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How CFOs Can Predict The Unpredictable On Tariffs


Published on 2025-02-11 13:20:56 - Forbes
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  • Kyriba Chief Enablement Officer Bob Stark says paying close attention to the news, hedging foreign currency and detailed analysis of all possibilities can help.

The article from Forbes, published on February 11, 2025, discusses how Chief Financial Officers (CFOs) can navigate the unpredictability of tariffs. It highlights the importance of strategic planning and adaptability in the face of fluctuating trade policies. Key points include the need for CFOs to develop robust forecasting models that account for potential tariff changes, engage in scenario planning to prepare for various outcomes, and maintain flexibility in supply chain management. The article also emphasizes the role of technology in providing real-time data and analytics to better predict and react to tariff impositions. Additionally, it suggests that CFOs should foster strong relationships with policymakers and trade experts to gain insights into potential policy shifts, thereby enabling more informed decision-making and risk mitigation strategies.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/meganpoinski/2025/02/11/how-cfos-can-predict-the-unpredictable-on-tariffs/ ]