U.S. Government Accountability Office Releases Supply Chain Resilience Report
A short trip to the local grocery store is all you need to see that the U.S. supply chain has not yet recovered from COVID-19. Empty shelves continue to frustrate customers and retailers alike. One of the most concerning issues currently is, for example, the shortage of pediatric medications.
U.S. SUPPLY CHAIN RESILIENCE STUDY
President Biden’s Executive Order 14017 was enacted in 2021 to analyze and identify ways to prevent supply chain resiliency problems in the future. U.S. agencies worked together to tackle President Biden’s directive.
The Department of Commerce, State Department, and U.S. Trade Representative (USTR) identified the two key issues contributing to U.S. supply chain resiliency. The group provided recommendations and the next steps for navigating these challenges.
REPORT OUTCOMES
What is Supply Chain Resilience?
Supply chain resilience is a supply chain network’s ability to maintain operations during disruptive events like natural disasters, the War on Ukraine, and COVID-19 with minimal impact to customers.
The following measures are expected to contribute to the ongoing control and monitoring efforts stipulated by the President’s executive order while mitigating the impact on citizens’ daily lives.
Resiliency Challenges |
Proposed Solutions |
| International Cooperation & trade agreements flexibility |
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| Data collection |
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These measures are expected to contribute to the ongoing control and monitoring efforts stipulated by the President’s executive order while mitigating the impact on citizens’ daily lives.
U.S. GOVERNMENT ACCOUNTABILITY OFFICE
The Government Accountability Office (GAO) is known as “the investigative arm of Congress” and “the congressional watchdog.” GAO supports Congress in meeting its constitutional responsibilities and helps improve the performance and accountability of the federal government for the benefit of the American people. Follow this link to access the US Government Accountability Office’s full report Report to Congressional Committees – Supply Chain Resilience.
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