How the US is leveraging its spending power to strengthen supply ...
White House advisor Susan Helper emphasizes the importance of procurement tactics in bolstering supply chains. She points to examples such as creating demand signals and leveraging the government's influence over legislation and purchasing power. Helper also highlights the need for a combination of subsidies and long-term signals to attract investment, using the expansion of EV charging infrastructure as an example. Her role as senior advisor for industrial strategy at the White House Office of Management and Budget aims to support small manufacturers and enhance supply chain resilience.
Source: Link
Frequently Asked Questions
Q1: How is the US using its procurement tactics to boost manufacturing supply chains?
A1: The US government is utilizing its procurement strategies to encourage the strengthening of manufacturing supply chains. Specific examples of these tactics, although not detailed in the search results provided, typically include prioritizing purchases from domestic or secure suppliers, implementing requirements for certain percentages of domestically produced materials, and investing in innovation to support the development of supply chain infrastructure.
Q2: What is the role of the US government's purchasing power in supporting recycled content supply chains?
A2: The US government leverages its significant purchasing power to drive demand for recycled content, which in turn supports and fortifies the supply chains associated with these materials. The strategy includes specific government purchasing policies that favor or require the use of recycled or sustainable materials.
Q3: How is the US planning to transform its lithium supply chain?
A3: The US is aiming to revamp its lithium supply chain, which is essential for lithium-ion batteries that power various devices and are pivotal to alternative energy strategies. The plan likely involves developing domestic lithium processing capabilities, supporting mining efforts, and forming strategic partnerships to ensure a reliable and sustainable lithium supply.
Source: https://www.supplychaindive.com/news/us-strengthening-lithium-supply-processing-ev-batteries/634544/
Q4: What is the Supply Chain Disruptions Task Force?
A4: The Biden-Harris Administration announced the Supply Chain Disruptions Task Force on June 8, 2021. The task force was created to address short-term supply chain discontinuities and includes leveraging the US government's nearly $600 billion in federal contracting to strengthen domestic supply chains for critical products.
Q5: Are sustainable sourcing and procurement cost-effective?
A5: While not directly addressing how the US is leveraging its spending power, the idea of sustainable sourcing generally suggests that cost-effectiveness can be achieved through strategic procurement that focuses on environmental and social governance. Such procurement approaches can reduce costs over time and align with broader goals of strengthening and creating resilient supply chains.
Source: https://www.supplychaindive.com/news/sustainability-green-supply-chain-procurement/513200/