We underestimate the importance of our materials handling and supply chain activities until we see a report like this – just released from US President Joe Biden and UK Transport Secretary Mark Harper,  that will affect the global supply chain industry in different ways.

COVID-19 and supply chain vulnerability.

The COVID-19 pandemic and resulting economic dislocation revealed long-standing vulnerabilities in our supply chains. The pandemic’s drastic impacts on demand patterns for a range of medical products including essential medicines wreaked havoc on the U.S. healthcare system.

As the world shifted to work and learn from home, it created a global semiconductor chip shortage impacting automotive, industrial, and communications products, among others. In February, extreme weather events—exacerbated by climate change—further exacerbated these shortages.

In recent months the strong U.S. economic rebound and shifting demand patterns have strained supply chains in other key products, such as lumber, and increased strain on U.S. transportation and shipping networks.

“For want of a nail, the shoe was lost. For want of a shoe, the horse was lost.”

On February 24, 2021, President Biden signed Executive Order (E.O.) 14017, “America’s Supply Chains,” in which he directed the U.S. government to undertake a comprehensive review of critical U.S. supply chains to identify risks, address vulnerabilities and develop a strategy to promote resilience.

When the President signed the order, he invoked an old proverb: “For want of a nail, the shoe was lost. For want of a shoe, the horse was lost.” And on, and on, until the kingdom was lost. Small failures at even one point in supply chains can impact America’s security, jobs, families, and communities.

To undertake this comprehensive review, the Biden Administration established an internal task forces spanning more than a dozen Federal Departments and Agencies. Administration officials consulted with hundreds of stakeholders from labour, business, academic institutions, Congress, and U.S. allies and partners to identify vulnerabilities and develop solutions.

Critical products

Federal Departments and Agencies received hundreds of written submissions in response to requests for public input into the supply chain initiative. Dozens of experts across the interagency have been conducting detailed studies of U.S. supply chains for critical products and developing policies that will strengthen resilience.

What follows summarizes the findings of the initial set of reviews of the supply chains of four critical products: semiconductor manufacturing and advanced packaging; large capacity batteries; critical minerals and materials and pharmaceuticals and active pharmaceutical ingredients (APIs).

Why Resilient Supply Chains Matter

More secure and resilient supply chains are essential for our national security, our economic security, and our

technological leadership. National security experts, including the Department of Defense, have consistently argued that the nation’s underlying commercial industrial foundations are central to our security.

Reports from both Republican and Democratic administrations have raised concerns about the defence industry’s reliance on limited domestic suppliers;1 a global supply chain vulnerable to disruption; and competitor country suppliers. Innovations essential to military preparedness—like highly specialized lithium-ion batteries—require an ecosystem of innovation, skills, and production facilities that the United States currently lacks.

The disappearance of domestic production of essential antibiotics impairs our ability to counter threats ranging from pandemics to bio-terrorism, as emphasised by the FDA’s analysis of supply chains for active pharmaceutical ingredients.

How we contribute

Two of the strengths FORKLIFT FINDER SERVICES have capitalised on since supply chains became shaky; 

 #1 – an existing range of excellent used and refurbished forklift machinery and

#2 – a network of forklift suppliers all across Australia, the Pacific and across the world to FIND the FORKLIFT unit that you need.  This is a result of decades of relationships and expertise in materials handling.

If you have STOCK TO LIFT, CALL US! FORKLIFT FINDER SERVICES have forklifts to HELP YOU – since 1999 – 22 Terrence Road, BRENDALE QLD 4500 | 24-hour enquiry line 0414 746 181 | E: peter@forkliftfinder.com.au | https://forkliftfinder.com.au/used/