Modeling Trade and Tariff Volatility: A Practical Approach for Cost Engineers

Hosted by the Society of Professional Cost Engineering and Analytics

Trade policies, tariffs, and regional cost structures are becoming more dynamic and less predictable across global markets. For organizations operating across multiple geographies, these shifts can materially impact product cost, sourcing decisions, and profitability.

This session explores how cost engineers can incorporate trade and tariff variability directly into cost models, moving beyond static assumptions to more dynamic, scenario-driven approaches. Attendees will learn how to model cost differences by region, simulate alternative sourcing and design decisions, and evaluate the impact of trade changes on profitability.

Through practical examples, the session will highlight how cost engineering can play a more active role in guiding cross-functional decisions in an increasingly complex global environment.