EXECUTIVE SUMMARY Introduction Today’s globalized economy is built on the backbone of global supply chains and as innovations in research, development, and manufacturing boom, the importance of the semiconductor industry in driving advances in technology for the industry 4.0 (fourth industrial revolution) has led to a rapid growth in demand and increasingly strained supply chains. … Continue reading
Tag Archives: Supply Chain
The Supply Chain Crisis Extends Far and Wide
Executive Summary Failures in the supply chain can be detected along virtually every aspect of the process; some existed before COVID-19, while others were caused by the pandemic. It is unclear how long these problems will persist; especially as demand increases through the holiday season. The United States Department of Transportation attempted to address these issues by expanding the capacity and efficiency of … Continue reading