• .
    Mais informações

    Relatórios de analistas

    Blog

    Brochures

    Checklist

    Casos de sucesso

    Datasheets

    Aprender

    eBooks

    Infografias

    Notícias

    White Paper

    Contacto

    Seminários on-line

    Eventos

    Comércio autónomo

    ESG

    Sobre nós

    Plataforma JAGGAER One

    Carreiras

    Conformidade e Segurança

    Casos de sucesso

    Support

    Partner Marketplace

    Torne-se um parceiro

    Por indústria

    Educação

    Fabricação

    Energia y Utilidades

    Serviços Financeiros

    Cuidados de saúde

    Ciências da Vida e Farmacêutica

    Por indústria

    Retalho

    CPG

    Setor público

    Transporte e Logística

    Por função

    Compras

    Finanças

    Tecnologia da Informação

    Cadeia de fornecimento

    Por necessidade

    IA em compras

    Redução de custos

    Aquisição Direta

    ESG

    Integração com outros sistemas empresariais

    Rentabilidade das compras

    Otimização de fornecimento

    Visibilidade das despesas

    Cumprimento dos fornecedores

    Aprender

    Informes de analistas

    Blog

    Brochures

    Checklist

    Casos de éxito

    Datasheets

    Aprender

    eBooks

    Infografías

    Noticias

    White Paper

    Contacto

    Webinars

    Eventos

    Comercio Autónomo

    ESG

    Acerca de

    Plataforma JAGGAER One

    Carreras

    Cumplimiento y seguridad

    Historias de éxito

    Soporte

    Partner Marketplace

    Conviértete en partner

    Por industria

    Educación

    Manufacturing

    Energía y Utilities

    Servicios financieros

    Sanidad

    Farmacéutico y Ciencias de la vida

    Por industria

    Retail

    Bienes de consumo envasados

    Sector Público

    Transporte y Logística

    Por función

    Compras

    Finanzas

    Tecnologías de la información

    Cadena de suministro

    Por necesidad

    IA en compras

    Reducción de costes

    Compras directas

    Criterios ESG

    Integración con otros sistemas empresariales

    Rentabilidad de compras

    Optimización de compras

    Visibilidad del gasto

    Compliance de Proveedores

    Scopri di più

    Analyst Reports

    Blog

    Brochure

    Checklists

    I nostri clienti. Storie di successo

    Datasheets

    Imparare

    eBooks

    Infographics

    News

    White Paper

    Contattaci

    Webinar

    Eventi

    Autonomous Commerce

    ESG

    Chi siamo

    La piattaforma JAGGAER One

    Lavora con noi

    Compliance & Security

    Storie di successo

    Servizio Clienti

    Partner Marketplace

    Diventa Partner

    Per settore

    Education

    Manufacturing

    Energy and Utilities

    Financial Services

    Healthcare

    Life Sciences and Pharmaceuticals

    Per settore

    Retail

    Consumer Packaged Goods (CPG)

    Settore pubblico e regolamentato

    Trasporti e logistica

    Per funzione

    Procurement

    Finance

    IT

    Supply Chain

    Per necessità

    AI nel Procurement

    Riduzione dei costi

    Direct Procurement

    Obiettivi ESG

    Integrazione nell'ecosistema aziendale

    Procurement Profitability

    Sourcing Optimization

    Spend Visibility

    Supplier Compliance

    Success stories

    Service client

    Erfolgsgeschichten

    Kundensupport

    Lernen

    Analyst Reports

    Blog

    Broschüren

    Checklisten

    Kundenerfolgsgeschichten

    Produktflyer

    Lernen

    E-Books

    Infografiken

    News

    Whitepaper

    Verbinden

    Webinare

    Veranstaltungen

    Autonomous Commerce

    ESG

    Über uns

    Die Platform

    Karriere

    Compliance und Sicherheit

    Partner Marketplace

    Partner werden

    Nach Branche

    Bildungswesen

    Fertigende Unternehmen

    Energie und Versorgung

    Finanzdienstleistungen

    Gesundheitspflege

    Biowissenschaften und Pharmazeutik

    Nach Branche

    Einzelhandel

    Consumer Packaged Goods (CPG)

    Öffentlicher Sektor

    Transport und Logistik

    Nach Rolle

    Beschaffung

    Finanzen

    Informationstechnologie

    Lieferkette

    Nach Bedarf

    KI im Einkauf

    Kostenreduzierung

    Direkter Einkauf

    ESG-Ziel

    Integration in die Geschäftssystemlandschaft

    Beschaffungsrentabilität

    Beschaffungsoptimierung

    Ausgabentransparenz

    Lieferanten-Compliance

    Marketplace des partenaires

    Devenir un partenaire

    Ressources utiles

    Rapports d'analystes

    Blog

    Brochures

    Checklist

    Témoignages de nos clients

    Datasheets

    Learn

    eBooks

    Infographies

    Actualités

    Livres blancs

    Nous rencontrer

    Webinaires

    Événements

    Commerce autonome

    ESG

    À propos

    La plateforme

    Emplois

    Conformité et sécurité

    Par industrie

    Éducation

    Fabrication

    Énergie et Utilities

    Services financiers

    Santé

    Sciences de la vie et produits pharmaceutiques

    Par industrie

    Retail

    Consumer Packaged Goods (CPG)

    Secteur public

    Transport et logistique

    Par département

    Achats

    Finance

    Informatique

    Supply Chain

    Par besoin

    L'IA dans les achats

    Réduction des coûts

    Achats directs

    Objectif ESG

    Intégration dans le paysage des systèmes d'entreprise

    Rentabilité des achats

    Optimisation du Sourcing

    Visibilité des dépenses

    Conformité des fournisseurs

    Learn

    Analyst Reports

    Blog

    Brochures

    Checklists

    Customer Success Stories

    Datasheets

    Learn

    eBooks

    Infographics

    News

    White Paper

    Connect

    Webinars

    Events

    About

    ESG

    Autonomous Commerce

    JAGGAER One Platform

    Careers

    Compliance & Security

    Success Stories

    Customer Support

    Partner Marketplace

    Become a Partner

    By Industry

    Education

    Manufacturing

    Energy and Utilities

    Financial Services

    Healthcare

    Life Sciences and Pharmaceuticals

    By Industry

    Retail

    Consumer Packaged Goods

    Public Sector

    Transportation and Logistics

    By Role

    Procurement

    Finance

    IT

    Supply Chain

    By Need

    AI in Procurement

    Cost Reduction

    Direct Procurement

    ESG Goal

    Integration into Business System Landscape

    Procurement Profitability

    Sourcing Optimization

    Spend Visibility

    Supplier Compliance

    Blog

    What Does President Biden’s Executive Order Mean for Supply Chains?

    Supplier Management | Supplier Network | Supply Chain Management

    United States President Joe Biden signed an executive order on Wednesday (February 24th 2021) with the intent to boost manufacturing jobs across the U.S. while also strengthening supply chains for multiple critical production materials. 

    When I first heard about this executive order, my initial thoughts went back to 2010 when U.S. Congress passed Section 1502 of the Dodd Frank Act. This act required all U.S. public companies to do a supply chain audit to check for various precious metals and minerals that originated in Congo or neighboring regions.  

    This had a sweeping effect on the U.S. supply chain world, but overall has proven to be what was a successful first step towards ethical sourcing and risk mitigation 

    Whether or not this new executive order will have the same kind of effect remains to be seen, but myself, along with the rest of the JAGGAER team, will be following it closely.  

    While this is, and will continue to be, a developing situation here’s everything that we know right now: 

    What Does the Order Mean? 

    The executive order itself calls for two things according to President Biden 

    First, it orders a 100-day review of four key product supply chains: pharmaceutical ingredients, rare earth minerals, semiconductor chips and large-capacity batteries often found in the production of electric cars.

     

    Second, the order calls for a long-term review of the supply chains in defense, public health, communications technology, energy, transportation and food production. These reviews are designed to identify vulnerabilities and provide policy recommendations to fortify U.S. supply chains.

    Aside from these supply chain reviews, he also went on to talk about investing more in U.S. production of materials and decreasing the reliance on imports in some areas; the order is designed to help insulate and prepare the economy for future disruptions by making the U.S. less reliant on foreign supplies and more proactive in addressing supply chain weaknesses. 

    This new policy is brought on by a few reasons, most owhich stem from the continuing effects of the Covid-19 pandemic on global supply chains. Earlier last year there was a severe shortage of personal protection equipment (PPE) caused when China diverted its supply to address its local needs, leaving countries heavily reliant on those imports, out of luck. 

    This exposed a glaring supply chain vulnerability that the U.S. government has spent the past year trying to correct. 

    More recently, and what this executive order directly affects, is the shortage of critical components, namely semiconductors, batteriesand key minerals used in a variety of finished goods from pharmaceuticals to airplanes.  

    Particularly hard hit is the automotive industry, which is reliant on the semiconductors, microchips, and, increasingly, advanced battery technology in order to manufacture vehicles. IHS Markit reports that the chip shortage has caused a loss of 1 million vehicles from being produced globally, resulting in canceling shifts, slowing assembly lines and in some cases temporarily closing factories. 

    Preparing Your Organization 

    If you operate in one of these key sectors, or manufacturing in general, you probably have a lot of questions. While there’s certainly more information to come, it’s important to start thinking about what you can do to prepare your organization’s supply chain for possible increased requirements or expectations. How can you make sure your supply chains are as resilient as possible? 

    A 360° View of your Supply Chain 

    What the pandemic, and now this executive order shows, is the need to be proactive with your supply chain strategies 

    Being prepared is paramount. Macroeconomic disruptions are not exclusive to pandemicsWhile others may not have the worldstopping effects of Covid-19, natural disasters, financial and economic crashes, and ethical violations still pose a significant risk in nearly every industry in the world.  

    In order to truly be proactive and prepare for any potential risks, you need to get a 360° view of your supply chains, taking a holistic approach to supplier management. 

    Finding a Technology Partner 

    The first priority should be investing in a new technology partner that fits in your businesss strategic roadmap and can offer you the robust capabilities you need today.  

    A solution that can offer you a single source to onboard, house, scorecard and analyze all of your supplier data is a must.  

    A fragmented approach to managing suppliers is a surefire way to not only overspend and maverick spend, but also opens you up to risks and disruptions. 

    Artificial intelligence and predictive analytics are already being integrate with many supply chain tools on the market and can significantly bolster your abilities to identify and mitigate potential risks and vulnerabilities, while also giving you the agility required to problem solve in the moment if need be. 

    An example of this is JAGGAER’s AI-based On-Time Delivery (OTD) Predictor, which can predict with 95% accuracy if an order is at risk for arriving late, even before placing the actual order 

    It is virtually impossible for a human to calculate if certain categories of materials will arrive on time for a manufacturing process to proceed with any sort of accuracy. More so, this OTD predictor can arrive at its prediction in seconds, giving ample time for a procurement team to adjust course or find an alternative supplier. 

    Supplier Diversity 

    In order to build lasting supply chain resilience, you need to invest in diverse suppliers.  

    In the classical sense, supplier diversity means investing and cultivating relationships with women owned, black owned, veteran owned and other historically underutilized businesses 

    This comes with a variety of proven benefits including cost reduction, increased agility, supply chain innovation, CSR, risk mitigation and much more. 

    Building a successful supplier diversity program is something that takes work, but is well worth the result. 

    Further still, a diverse supply base means building and furthering your strategic supplier relationships, geographically diversifying your supply chain and looking beyond your n-tier suppliers. 

    Decreasing reliance on a small subset of key suppliers is a large reason why President Biden has given this executive order, and it should be a key part of any successful supply chain strategy moving forward.  

    A Developing Situation 

    While we’ll surely get more clarity in the coming days about what this executive order will mean for manufacturing companies, right now we can start by seeking out areas to strengthen existing supply chains.  

    No matter what comes of this, one thing is clear: A reactive approach is no longer going to cut it, today’s world calls for innovation, collaboration, and a proactive strategy.  

    For more information regarding your specific vertical and how you can build supply chain resilience, check out these pages: 

    Additional Resources

    Maturity Assessment

    Take this quick Autonomous Commerce Maturity Assessment now to identify your maturity stage and the next steps to take in your journey.