6 reasons why global supply chains are shifting . . . shifting . . . shifting . . . into the future

Posted on December 14, 2023

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EDITOR’S NOTE: Today’s 1,999th Procurement Insights post is inspired by David Shillingford’s LinkedIn post about Supply Chain Dive’s December 13th article. It is also inspired by the Steve Miller Band song Fly Like an Eagle.

Here is my take:

Except for a few differences, e.g., the players and corresponding details, the six reasons cited in the article are not new.

For example, let’s look at tariffs and subsidies.

In my article “Buy American 2017: Is It Just The Current Version Of The Same Old Song?” I referred to a 2010 interview I did with then-Canadian Trade Minister Stockwell Day regarding the “Buy American” controversy. – https://bit.ly/44taeO7

Of course, to get a viewpoint from the other side of the 49th, in Oct. 2009, I interviewed Maine gubernatorial candidate Matt Jacobson for his take on the Buy American situation. – https://bit.ly/3NtzopM

What was interesting is that for most people, the Buy American issue was something new. However, the Buy American Act “(originally 41 U.S.C. §§ 10a–10d, now 41 U.S.C. §§ 8301–8305) was passed in 1933 by Congress and signed by President Hoover on his last full day in office (March 3, 1933)”

Once again, there are different players and flashpoints but the same underlying motives. The question that needs to be asked is, do we view these flashpoints as siloed events or a continuation of our inability to address the underlying issues that flare up periodically?

For Jacobson and other political leaders, the underlying issue in 2009 was expressed in the following excerpt:

“However, and as Jacobson stressed in a June 2009 article, “We are on a path where there is a very real danger that we will be the generation that leaves [Maine] in a worse state than we found it. I can’t let that happen.

Against this backdrop of a legitimate concern for his State, can a balance between sustaining open trade with a foreign country while stimulating local business survival and growth be achieved in a time of economic downturn?”

The above is just one example – there are many more with each point.

NOTE: Tomorrow is Post No. 2,000

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Posted in: Commentary