Supply chain resilience has become a United States policy priority. The latest issue of The Takeaway offers some promising ideas to meet that challenge.
In the latest issue of The Takeaway, Dr. Eleftherios “Lefteris” Iakovou, the Harvey Hubbell Professor of Industrial Distribution at Texas A&M University and a co-director of the Mosbacher Institute’s Global Value Chains Program, argues that new tradeoffs are necessary for rebalancing cost efficiency, resilience, sustainability and security in U.S. supply chains. He describes a new framework for next-generation supply chains based on data sharing and data monetization that could act as a guide for future research, policy-making, and industrial practices to address the emerging issues that the United States and global supply chains are facing under the new normal.
The Takeaway is a publication of the Mosbacher Institute for Trade, Economics, and Public Policy at the Bush School at Texas A&M University.