About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 1 (July 21, 2022)

handle is hein.amenin/aeiaejx0001 and id is 1 raw text is: Key Points CGreater output c f finsl products GOCS noit irnprve supply-cfhain resiierce. Marutadlur- no more witn the same supply chaini cul ev'en create more vulneraoihites. New poI cies must add l suppKy chairs, rot ju he fina stag. > Ucmpanic-s se lng in the US should ie resoonsibLe for knowin theirc uppIers, throuch the .'I exTet of 'he chrf.air pruoclcts deemed ccrical, Chinee oart;cipat.on at any p0int in th' suply ch' in shoud K restricted. n Te Srnl-K weakest rn i imny supyccrhains is COltitutive mnieriaen I ice tnese ratle the nex' stages of p rvruc.io an aryg ' scurced overs_,. TIh US rmust quickiy determirn r'e proe merux .4 iS demd erx cs r(eiabl spipy. There's bean a geat ea o if tak aont supp'ly chains, vet the U S government has done little> There are in fact gsood reasons for inaction: Shifting siply chains i- costly, there are rn-any chains to conside, <rnd each involives equipment that has its own chain. Global snpp'y chains ser- ing the US have been allowed to he opaque for decades, which is a mistake that cannot be quickly corrected. COVID-ip an d Russia's invasion of U;kraine have shown the pressing need for resilient chains, wirn the higiher costs needed to achieve them off- set by greater avaibilty of goods unde'r stress. An ;.id.ispesable sepi in u1 Lba- s7ply-chain resili- ence is transparency: olicymake-s must have nforiaron coacering u th1e supply-demand bal - ance and who is participating r il-c rh uin infer- mation rpro'es bhe peration oF markets, and in g'ener eal,ros critics' bCisto government a>quisi- tion and provision of iniFrmation are unreasonable. inFebruary 2,2 ^, seven US cabinet depart- ments reieascd s;upply-chain papersz Unfortu- natey, this 'ais only ' N-smal ste'p, as the agencies acknowledged a great d ecl of it-a were absent, even after a y'er of wrkI. 1 Thainet dep'artrents shold. have idetif'ed wcre data gaps were, pro- vided plans to close them, and highlighted where tc government nees assistance. But this was largely not done) delaying actions that will take considerable time to be effective even when impile- mented. As a result, Americans will be ?rinces- sarily vulnerable to supply-iha in shocks, s'he OSt valuEir missing informnation con- ccErs are' wher ^ hEr US is not self-suffcariEt---- exactly w-'here demand most exceeds reliale sip- pty. No actual supply-chain imrproem'Enen' s can occur without knowing where suppl h1 i orfails exito i'Fnther, the mast unportarit part of cions is usually at or near their start. It foilows that the first of many- steps in strengthening snply chains is idertifyring where America faces current or prospective shortages in

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most