Vol. 2 No. 3 (2024): March
Open Access
Peer Reviewed

Strengthening Resilience in U.S. Supply Chains: Risks, Vulnerabilities, and Policy Priorities

Authors

Shirley Ayangbah

DOI:

10.47353/ecbis.v2i2.122

Published:

2024-02-28

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Abstract

In order to increase the resilience of the supply chains in the United States, this paper examines the risks and vulnerabilities that exist in them and suggests policy goals. By employing both numerical data and empirical proof, we pinpoint the primary obstacles endangering the steadiness and effectiveness of supply networks. These risks are exacerbated by elements like globalization, technological changes, and natural calamities. We examine different policy initiatives, such as international cooperation, investment plans, and regulations, and provide recommendations to reduce these vulnerabilities and strengthen the resilience of U.S. supply chains .

Keywords:

supply chains resilience risk vulnerabilitie

References

Şebnem, K.-Ö., Julian, Álvaro, G., & Muhammed, S. (2022). Global supply chain pressures, international trade and inflation Challenges for monetary policy in a rapidly changing world. https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2022/Kalemli-Oezcan_paper.pdf

Securing Defense-Critical Supply Chains. (2022). https://media.defense.gov/2022/Feb/24/2002944158/-1/-1/1/DOD-EO-14017-REPORT-SECURING-DEFENSE-CRITICAL-SUPPLY-CHAINS.PDF

Placek, M. (2022, September 28). Global supply chain management market size 2019-2027. Statista; www.statista.com. https://www.statista.com/statistics/1181996/supply-chain-management-market-size-worldwide/

Simmons, K.-J. (2023, July 6). Supply Chain Statistics: Industry Trends & Turbulence. Fit Small Business. https://fitsmallbusiness.com/supply-chain-statistics/#technology

Issue Brief: Supply Chain Resilience | CEA. (2023, November 30). The White House. https://www.whitehouse.gov/cea/written-materials/2023/11/30/issue-brief-supply-chain-resilience/

Author Biography

Shirley Ayangbah, Claremont Graduate University

Author Origin : United States

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How to Cite

Ayangbah, S. (2024). Strengthening Resilience in U.S. Supply Chains: Risks, Vulnerabilities, and Policy Priorities. Economics and Business Journal (ECBIS), 2(3), 195–202. https://doi.org/10.47353/ecbis.v2i2.122

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