With the U.S. economy expected to gather steam this year as more and more Americans are vaccinated, one of the biggest cautions to consider is whether supply chains will be able to keep up with growing demand. Indeed, concerns about disruptions to supply chains and shortages that have occurred during the pandemic sparked the Biden administration to order a review of critical areas.
Why We’re in the Midst of a Global Semiconductor Shortage
Weak links in supply chains have underscored the importance of rigorous supply chain management.
February 26, 2021
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Summary.
Shortages of semiconductors that have been hurting manufacturers of automobiles and other products illustrate the need for companies to ensure that their supply chains are resilient. These shortages, on top of pandemic-related supply disruptions, have underscored the value of understanding and mitigating supply chain risks and developing robust strategies for weathering the next storm.