Definitely going to be some reconsideration of manufacturing & supply chain locations | EMAN Message Board Posts

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Msg  5081 of 5457  at  2/14/2020 9:52:25 AM  by

frankenberry


Definitely going to be some reconsideration of manufacturing & supply chain locations

Coronavirus Outbreak Exposes China’s Monopoly on U.S. Drug, Medical Supplies

 
 
China is a source of not only finished goods, but also of input parts and raw materials. A substantial number of the materials needed for defense and electronic systems come from China, and that nation is “the single or sole supplier for a number of specialty chemicals,” according to a recent Defense Department report. Rare earth minerals, which are critical to electronics, are largely mined in China. As a result, Chinese disruptions don’t just hit Chinese manufacturing, they hit everyone’s. Automakers have already had to slow or shut down factories globally due to supply shortages.
 


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