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WASHINGTON (Reuters) -U.S. President Joe Biden on Friday issued an executive order formalizing a White House council on supply chain resilience and mandating a comprehensive report by the end of ...
In February 2022, Peter S. Goodman, writing in The New York Times, argued that returning to the pre-COVID-19-pandemic global supply chain was seen as "unlikely" in 2022. [21] India, the United States, and Brazil are hardest hit in the supply chain with significant shortages of many different product categories.
For a long time, the interpretation of resilience in the sense of engineering resilience prevailed in supply chain management. [1] It is implied here that supply chain is a closed system that can be controlled, similar to a system designed and planned by engineers (e.g. subway network). [5]
At the time, Europe depended on China for 98% of its rare-earth needs, 97% of its lithium supply and 93% of its magnesium supply. [4] In the U.S., critical minerals that are at risk of shortage or supply chain disruption are assessed by the United States Geological Survey and by the National Science and Technology Council. [5] [6] [7] [8]
A particular aspect of the framework caters also to Indian protectionists. The framework does not allow access to the U.S. market and does not mandate tariff liberalization. Instead, it emphasizes supply chain resilience and provides room to negotiate regulations related to India's highly controversial policies such as data localization. [33]
Transparency in the supply chain influences how consumers view and support companies, so improving data driven sustainability efforts can positively affect supply chain business. A company’s negative impact on environmental or social areas may show in their stock market value, exposing their true values to investors.
Coca-Cola is scaling back its packaging sustainability goals, igniting outrage from environmental activists. The beverage company, which has long been criticized for being one of the world’s top ...
An important element of SCM is supply chain resilience, defined as "the capacity of a supply chain to persist, adapt, or transform in the face of change". [56] For a long time, the interpretation of resilience in the sense of engineering resilience (= robustness [57]) prevailed in supply chain management, leading to the notion of persistence. [56]