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Charting a New Course for Global Supply Chains

2021 Milken Institute Global Conference

Charting a New Course for Global Supply Chains

Tuesday, October 19, 2021
2:00 PM - 3:00 PM PDT
Beverly Hills Ballroom
During the pandemic, supply chain bottlenecks led to significant shortages of key materials in the United States and globally, from personal protective equipment for front-line healthcare workers to semiconductor chips required for automotive manufacturing. New US federal government initiatives have called for a review of supply chain resilience across a wide range of strategically important industries, such as agriculture, defense, energy, and pharmaceuticals. While the costs of supply chain disruption during the pandemic were substantial, there are still significant costs required to reconfigure lean manufacturing strategies. Which industries are best prepared to chart a new course for global supply chains? Are "just-in-time" production methods likely to remain predominant in some industries? And, as countries such as the US shift to policies to support domestic manufacturing, what role will government procurement play?