New policies and legislation from Washington continue to shift the landscape in manufacturing. How can leaders manage the turbulence and opportunities presented by changes in taxes, tariffs, technology and more?
“Whether it's the uncertainty of tariffs, uncertainty from the use of AI, or whatever it may be, things change fast — that's not going to stop,” said Grant Thornton Manufacturing Industry Leader Kelly Shindler. “So, ‘certainty’ is not happening — ‘uncertainty’ is.”
David Sites, Grant Thornton Washington National Tax Office National Managing Principal, interviewed Schindler about the One Big Beautiful Bill Act, today’s market environment, and how manufacturing leaders can manage new opportunities and challenges. Schindler covered topics from automation to SKU rationalization, saying, “They scenario plan through it, keep their eyes on that North Star and use the noise as part of the strategy. They need to be able to strategize against change quickly, and move on, and continue forth — to what is going to be ‘Future Them’ — and ‘Successful Them.’” Listen in to more of what Schindler had to share:
PODCAST
Tax, tariffs, AI and the future of manufacturing
Hear our David Sites and Kelly Schindler unpack the uncertainty and amazing potential of today’s US manufacturing.
Listen to the podcast
22:10 | Transcript (PDF - 1.6MB)
Podcast highlights
0:00 Opening
2:00 The speed of supply chain shifts
3:52 Supply chain redundancies
4:15 Q: What's the outlook?
5:05 Growth and M&A
6:18 Customer impacts
6:43 Q: What do manufacturers do with OBBBA cash savings?
7:15 Overcoming technological debt
8:30 Where to start
9:31 Q: How do manufacturers manage tariffs?
10:42 Tariff strategies and effects
12:44 Q: How should manufacturers handle this uncertainty?
12:57 Cutting costs and using AI
13:51 SKU rationalization and using AI
15:06 Scenario planning
15:46 Q: How do manufacturers plan in this environment?
16:33 Planning for uncertainty
17:35 Q: What will be the impact on automation?
17:58 Peer insight into automation growth
19:15 Automation and the workforce
20:14 Q: What should we watch?
20:48 China, Canada and Mexico
21:21 Closing
Podcast hosts:
Head of Manufacturing Industry
Grant Thornton Advisors LLC
Partner, Audit Services, Grant Thornton LLP
Kelly Schindler is the Head of the Manufacturing industry and an Audit Partner based in the Saint Louis office.
Saint Louis, Missouri
Industries
- Manufacturing, Transportation & Distribution
- Retail & Consumer Brands
- Technology, Media & Telecommunications
- Transportation & Distribution
Service Experience
- Audit & Assurance Services
Kelly Schindler is the Head of the Manufacturing industry and an Audit Partner based in the Saint Louis office.
National Managing Partner,
Washington National Tax Office and International Tax Solutions
Grant Thornton Advisors LLC
David leads the firm's International Tax practice, which focuses on global tax planning, cross border merger and acquisition structuring, and working with global organizations in a variety of other international tax areas.
Washington DC, Washington DC
Industries
- Manufacturing, Transportation & Distribution
- Technology, Media & Telecommunications
- Retail & Consumer Brands
Service Experience
- Tax Services
- International Tax
David leads the firm’s International Tax practice, focusing on global tax planning, cross-border M&A structuring and work with global organizations in other international tax areas
Content disclaimer
This Grant Thornton Advisors LLC content provides information and comments on current issues and developments. It is not a comprehensive analysis of the subject matter covered. It is not, and should not be construed as, accounting, legal, tax, or professional advice provided by Grant Thornton Advisors LLC. All relevant facts and circumstances, including the pertinent authoritative literature, need to be considered to arrive at conclusions that comply with matters addressed in this content.
Grant Thornton Advisors LLC and its subsidiary entities are not licensed CPA firms.
For additional information on topics covered in this content, contact a Grant Thornton Advisors LLC professional.
Tax professional standards statement
This content supports Grant Thornton Advisors LLC’s marketing of professional services and is not written tax advice directed at the particular facts and circumstances of any person. It is not, and should not be construed as, accounting, legal, tax, or professional advice provided by Grant Thornton Advisors LLC. If you are interested in the topics presented herein, we encourage you to contact a Grant Thornton Advisors LLC tax professional. Nothing herein shall be construed as imposing a limitation on any person from disclosing the tax treatment or tax structure of any matter addressed herein.
The information contained herein is general in nature and is based on authorities that are subject to change. It is not, and should not be construed as, accounting, legal, tax, or professional advice provided by Grant Thornton Advisors LLC. This material may not be applicable to, or suitable for, the reader’s specific circumstances or needs and may require consideration of tax and nontax factors not described herein. Contact a Grant Thornton Advisors LLC tax professional prior to taking any action based upon this information.
Changes in tax laws or other factors could affect, on a prospective or retroactive basis, the information contained herein; Grant Thornton Advisors LLC assumes no obligation to inform the reader of any such changes. All references to “Section,” “Sec.,” or “§” refer to the Internal Revenue Code of 1986, as amended.
Grant Thornton Advisors LLC and its subsidiary entities are not licensed CPA firms.
Trending topics
No Results Found. Please search again using different keywords and/or filters.
Ready to talk? We’re ready to listen.
Request a meeting and a member of our team will be in touch to see what we can do to meet your needs.
Want to submit an RFP? Please submit your request through our RFP submission page.
Follow us
Share with your network
Share