Category results for: Tariffs
Tariffs Now Appearing on Invoices: What Departments Need to Know
Recently, we’ve seen a noticeable uptick in tariffs being added to vendor invoices. As global trade policies continue to evolve, these additional charges are becoming more frequent and are now impacting our purchasing costs across several departments. To help manage this change, the Accounts Payable (AP) team has implemented a new communication process: If a […]
Navigating Potential Price Increases: Procurement Resources Available
Heads up, VCU community! You may have heard about increased tariffs on goods coming from Mexico, Canada, and China. These changes could lead to cost increases on some products commonly used across campus. We understand that budget management is crucial, and we want to help you navigate any potential price fluctuations. Your partnered supplier catalogs […]