• Expecting the Unexpected With ‘What-If' Costing Platforms

    2 monthes ago - By WWD

    Trade wars with China and the European Union are stirring up anxiety in the retail, fashion, accessories and luxury markets as the implications and impact of tariffs remain unknown.
    To help deal with that market uncertainty, retailers and brands can turn to “what if” costing platforms that take into account pricing and sourcing variables. Here, Ann Diamante, chief procurement officer at Bamboo Rose, discusses the impact of tariffs and how “what if” costing approaches can help.
    WWD: What exactly is “what-if” costing?
    Ann Diamante: What-if costing is an approach that models the impact of...
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