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The U.S. Department of Commerce is launching a survey focused on identifying how organizations nationwide are sourcing current-generation and legacy chips, the results of which the DOC says will be used to help bolster the semiconductor supply chain, promote a level playing field for legacy chip production and reduce national security risks posed by the People’s Republic of China. Though, whether the CHIPS Act can provide the necessary direction to correct existing imbalances remains to be seen.

Attacks on cargo ships in the Red Sea have caused disruptions and volatility in retail supply chains. As retailers and carrier partners alike pursue mitigation strategies to limit the impacts, longer transit times and cost increases persist. The troubles in the Red Sea are not the only headlining incident facing retail supply chains, as research from the Business & Human Rights Resource Centre recently identified allegations of forced labor in the supply chains of almost half of benchmarked companies.

As all industries pursue solutions to their supply chain woes, one thing is clear: A majority of organizations seek to implement generative AI into their practices this year to remedy tribulations.

— Tyler Fussner