Looking for Cracks in the World’s Supply Chains (.PDF Download)
The global pandemic has brought to the surface a number of new buzzwords meant to describe and explain what we’ve all been enduring over the last year. There’s social distancing, community spread, contact tracing and essential employees, to name just a few that we’ve added to our glossaries. By no means new and used mostly by companies that actually have them, “supply chains” is another two-word combo that’s become part of our everyday vernacular.
Supply chains are now on the radar screen of President Joe Biden, who in late February threw down the gauntlet and asked his administration to “identify and fix potential cracks in supply chains that could cause shortages of critical items like chips inside cars, minerals in flat-screen televisions, batteries in electric vehicles, and ingredients in life-saving medicines,” CNN reports.