April 9, 2025- As of April 2025, several major tariff implementations have taken effect, including a baseline 10% tariff on all imports, country-specific reciprocal tariffs up to 50%, a 25% tariff on countries buying Venezuelan oil, and other tariff measures that are expected to significantly impact indirect procurement costs and supply chain operations, according to LogicSource, in an updated April 2025 Tariff Impact Analysis.
This update covers:
- Procurement strategies to mitigate tariff impacts, including supplier negotiations, contract reviews, and alternative sourcing options
- Impact on key indirect spend categories, including apparel/footwear, furniture fixtures & equipment (FF&E), construction materials, technology hardware, medical supplies/equipment, and ocean freight
- Analysis of how reciprocal tariffs will affect indirect sourcing costs across retail, healthcare, manufacturing, and CPG sectors
Link to report: Tariff Report Landing Page