Orbia’s CFO Jim Kelly recently spoke with CFO Dive on how the company is taking a proactive and strategic approach to the potential tariffs set by the U.S. on Mexico. Jim highlights that as a global company, Orbia must remain nimble to adapt to ever-evolving geopolitical risks and expect polices to quickly shift as the situation evolves.
There is a ton of complexity around the tariffs that the U.S. is imposing against Mexico. That said, we are doing everything we can to be nimble and scenario plan.
Jim Kelly, Chief Financial Officer, Orbia
In the interview, Kelly highlighted several steps that Orbia has pursued to protect itself against the tariffs including
- Strategic inventory management, such as shipping inventory to the U.S. before the tariffs go into effect;
- Communicating potential pricing shifts with customers;
- Maintaining logistical flexibility to ensure Orbia can shift the amount of goods held in different locations as needed.
Throughout the conversation, Jim emphasized that Orbia’s leadership has undergone scenario planning around tariff impacts for several months and that the company is “well prepared.” Kelly noted that the tariffs are not expected to have a material impact on Orbia’s financial results.
Read the original article on CFO Dive here.