The Policy Debate around Supply Chain Solutions
Since the start of the COVID-19 pandemic, the global supply chain has been challenged by a rapid increase in demand and supply. Throughout the pandemic, especially at the height of it, we have seen the disruptions in the supply chain in our communities – from empty store shelves in aisles to long expected delivery wait times online. The supply chain is once again a top concern for many Americans as consumers prepare for holiday celebrations.
Industries, such as the food, retail and transportation industries, have always worked to ensure that our communities are supplied with the goods and necessities that we rely on. Despite increased demand and pressure from consumers, these industries have always continued to work around the clock to ensure our communities are adequately stocked. But the pandemic and the unprecedented challenges that have arose from it have exposed grave vulnerabilities in our supply chain.
As we look ahead to building a stronger and more resilient supply chain for the future, there is much that can be done to best equip industries for success and to further support our supply chain. Through coordination between industries, as well as collaboration with the Administration and Congress, there are many policies being advanced to strengthen the supply chain and prevent future disruption.
From the passage of infrastructure investments to the advancement of policies that will help address the truck driver shortage and address the labor shortage, to advocacy on reforms to federal regulations for the global ocean shipping industry. There are several proposals being considered at the federal level to help ensure an even more resilient supply chain.
In this month’s edition of Inside Story, we will explore some of the current proposals being considered to help strengthen our supply chain and prevent disruptions now and in the future.
–Gloria Story Dittus, Chairman, Story Partners