WD-40 Company is decentralizing its supply chain to mitigate tariff impacts by sourcing materials closer to customers. This strategy has improved efficiencies and boosted gross margins, with CFO Sara Hyzer noting that tariff effects, particularly from steel can tariffs, are being offset globally. CEO Steve Brass emphasized the benefits of a diversified supply chain, including local manufacturing in China and partnerships in Dubai for faster delivery. While the Americas region faces potential tariff challenges, the company plans to enhance inventory management to lessen immediate impacts and aims for a gross margin of 55% to 56% this fiscal year.

Source: https://www.supplychaindive.com/news/wd-40-decentralizes-supply-chain-mitigate-tariffs/753844/