Categorie
Europe/USA

US and European strategies for resilient supply chains (Marianne Schneider-Petsinger, Chatham House)

The US, the EU and the UK hold a leading position in international trade and the global economy, and enjoy wide-reaching economic partnerships with Asia-Pacific nations. Governments in the US and Europe have a critically important role to play in supporting firms’ efforts to build visible, agile and sustainable supply chains that have resilience against unexpected disruptions.

Geopolitical and trade tensions in recent years, and the shift towards digital, service-led and low-carbon economies, have driven the rethinking and restructuring of traditional, efficiency-oriented, global production networks, even before the disruptions of the COVID-19 pandemic.

This paper offers insights into how US and European governments can harness an array of public policy tools to protect strategic supply chains without sliding into protectionism and while managing resultant trade-offs.

The most sustainable opportunities will require a mix of approaches, ranging from reshoring production to establishing stockpiles of critical inputs, while collaborating at bilateral, regional and global level to reinforce the international trade system.

US and European strategies for resilient supply chains | Chatham House – International Affairs Think Tank

Categorie
Analysis

Supply Chains – Making Supply Chains More Resilient (Project-Syndicate)

DALIA MARIN writes: The current global semiconductor shortage illustrates how geographic clustering of input suppliers can generate upheavals in the rest of the world. Business leaders and policymakers must think now about how to minimize the effects of future exogenous shocks on production networks and the global economy.

go to Project-Syndicate: Making Supply Chains More Resilient by Dalia Marin – Project Syndicate (project-syndicate.org)

Categorie
Analysis

Supply chains are on the cusp of a data-fed revolution. Here’s how businesses can succeed (WEF)

  • Supply chains are about to face great changes through automation.
  • It will require managers to hand over the autonomy of decision making to machines.
  • Business strategies will come to reply on predictions based on the flows of world events, global supply chains and smart technologies.

https://www.weforum.org/agenda/2021/05/supply-chains-are-on-the-cusp-of-a-data-fed-revolution-here-s-how/

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Analysis

East Asia/Supply Chains – COVID-19 won’t rattle East Asian supply chains (East Asia Forum)

Fukunari Kimura, Keio University

In the early stages of the COVID-19 pandemic, there was a series of overreactions about the viability of global value chains (GVCs), with some mixed feeling about China.

COVID-19 won’t rattle East Asian supply chains

Categorie
Analysis

(Supply Chains/Climate Change) Supply chains can be a climate game-changer. Here’s why (Rich Lesser, WEF)

  • Eight supply chains account for more than 50% of global CO2 emissions.
  • Fully decarbonizing these would add just 1-4% to end-consumer costs for many everyday items.
  • There are nine major actions that every CEO can take to engage suppliers and decarbonize their end-to-end supply chain.

https://www.aljazeera.com/news/2021/1/22/prompt-action-in-wuhan-who-involvement-could-have-stopped-covid

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Analysis

AUSTRALIA/COVID19/SUPPLY CHAINS/SOVEREIGN CAPABILITY – What the coronarvirus crisis has taught us about supply chains and sovereign capability (Anthony Bergin, ASPI)

The supply chain vulnerabilities exposed by the pandemic have important lessons for other types of emergencies.

https://www.aspi.org.au/opinion/what-coronarvirus-crisis-has-taught-us-about-supply-chains-and-sovereign-capability

 

Categorie
Analysis

PANDEMIC/SUPPLY CHAINS – Supply Chains and Demand (Richard Haass, Project-Syndicate)

The pandemic has shown that supply chains will need to be rethought, with more emphasis put on supplier diversification, domestic production, and stockpiling. The challenge will be to strike a balance ensuring that a targeted and limited industrial policy does not become a cover for protectionism.

https://www.project-syndicate.org/commentary/managing-supply-chain-risks-without-undermining-growth-by-richard-haass-2020-12