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Published 22 April 2021
A new web-based dashboard is designed to predict COVID-19 threats to supply chains, share data and foster analysis. The research provides real-time risk analysis for COVID-19’s potential impacts on trade.
A new web-based dashboard designed to predict COVID-19 threats to supply chains, share data and foster analysis is now available from Texas A&M University’s Cross-Border Threat Screening and Supply Chain Defense, CBTS, Department of Homeland Security, DHS, Center of Excellence.
The COVID-19 Binational Dashboard, a project sponsored by the DHS Countering Weapons of Mass Destruction office, follows a new approach, said Matt Cochran, CBTS research director. A group of experts from industry, academia and government from the U.S. and Mexico are creating an open and collaborative platform to improve decision-making by generating research on potential impacts – social, economic and environmental – on supply chains due to COVID-19.
The COVID-19 pandemic and the associated shutdown of economic activity, first in China, then in parts of Europe and the United States, has drawn stark attention to the consequences of long supply chains that snake around the globe. In the health care sector, disruption in the production or shipment of protective masks from China and of pharmaceutical feedstocks from India underscores the way production networks can transmit shocks in one nation to firms and consumers in many others. Recent developments highlight a much more general point: as supply chains lengthen, the set of shocks whether due to natural disasters, political forces, health conditions, or other sources that can impact the production of final goods becomes much larger. Global supply chains can be a source of risk, but the appropriate risk analysis and policy response requires understanding the nature of that risk and the role of policy levers in addressing it.
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