TURN TARIFF TURMOIL INTO SUPPLY CHAIN RESILIENCE USING AI
In stark contrast, only 11 % of those merely considering AI implementation felt very prepared to deal with disruption – a striking preparedness gap that underscores the competitive advantage AI deployment provides.
Jos lends further support to these findings:“ AI is a key enabler because it forecasts, predicts risks and supports scenario planning.”
“ You need early warning signals across different risk types and a single end-toend system to build mitigation plans and make the supply chain more resilient.”
IVA: Ivalua’ s Intelligent Virtual Agent in action Ivalua’ s approach to AI-powered procurement addresses the tariff challenge through its Intelligent Virtual Agent( IVA), which embeds AI directly into the platform with secure access to all relevant data and the ability to seamlessly execute actions.
Unlike standalone AI solutions, IVA benefits from Ivalua’ s unified platform architecture, which connects data, workflows and people throughout the source-to-pay process. This foundational advantage allows the platform to leverage AI more effectively than other approaches.
Alex details these comprehensive capabilities:“ IVA. Our powerful AI Agent is built into the platform, with access to all data in a secure manner and a powerful workflow engine. IVA knows your data, follows your rules, and gets work done..”
“ Additionally, it learns from your experts and can scale best practices to your whole team.”
73 %
almost three-quarters of procurement and supply chain leaders are identifying and onboarding alternative suppliers for critical goods and services as a number-one strategy( Sapio Research)
For tariff and risk management specifically, IVA offers several relevant pre-packaged skills. For example, it can conduct category research, providing recommendations to mitigate risks and tariff impact based on extensive online research combined with deep understanding of a business’ s supply chain and spend activity. When new suppliers are needed to adapt to tariffs, IVA can identify alternatives, source, contract and onboard them. Leaders maintain control by choosing where they want teams to review actions versus having them autonomously executed by IVA.
The platform also integrates with a rich ecosystem of information partners, seamlessly incorporating financial scores, risk ratings and other data that agents and workflows use to drive purchasing in accordance with company policies. Examples include Prewave, Integrity Next, D & B and Ecovadis.
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