What Are We Doing About Tariffs?
Our prices reflect U.S. government-imposed tariffs on imported materials, with no additional surcharge. The average price increase across L-com is less than 7.25%. We are fully committed to further reducing the impact of these costs through strategic pricing and operational optimization. Learn more about our cost-mitigation efforts.
Navigating Tariffs with a Commitment to Cost Efficiency
At L-com, we understand that market conditions, including tariffs, can create challenges. However, our team works with urgency to ensure uninterrupted access to connectivity solutions and support; delivering what our customers need, when they need it. We take a strategic and proactive approach to mitigating tariff impacts while maintaining price stability, optimizing costs, and sustaining growth.
Our Key Cost-Mitigation Initiatives Include:
Strategic Supplier Diversification
We are continuing to aggressively expand our material supplier network across multiple countries, significantly reducing dependency on any single source. This diversification not only protects against tariff fluctuations but also ensures a steady, cost-effective supply of materials, helping us stabilize pricing.
Local Sourcing and Manufacturing
By increasing our partnership on domestic suppliers and leveraging our U.S.-based manufacturing facilities in California, Texas, Idaho, and New York, we effectively eliminate import tariffs on many components. Additionally, this approach reduces shipping costs and lead times, allowing us to deliver high-quality products at highly competitive prices.
Innovative Product Design
We are constantly refining our product designs, identifying alternative materials and components that maintain exceptional quality while lowering costs. This ongoing innovation enables us to adapt swiftly to changing market conditions without compromising on performance or reliability.
Proactive Inventory Management
We anticipate tariff adjustments before they take effect, strategically stocking essential components in advance. This forward-thinking approach protects against price volatility, stabilizes costs, and ensures a reliable supply of products for our customers.
Collaborative Supplier Relationships
Our strong partnerships with suppliers allow us to renegotiate pricing, secure better payment terms, and optimize procurement strategies. These efforts translate to lower overall costs, helping us keep prices competitive while delivering maximum value.
Global Manufacturing Flexibility
With a well-established global manufacturing footprint, we can shift production strategically, reducing exposure to tariffs and maintaining supply chain resilience. This adaptability enables us to continue providing customers with cost-effective and reliable solutions.
While we will remain proactive, the extraordinary nature of these tariffs will result in an increase in cost for us which we are unable to absorb. Therefore, customers may notice slightly higher prices in the coming weeks, but we do not plan to implement direct tariff surcharges.
At L-com, transparency and collaboration with our customers remain at the core of our operations. Despite market challenges, we remain steadfast in our mission to deliver exceptional value, superior service, to meet the urgent needs of customers.
Thank you for your continued trust and support.
