Executive Order Focuses on Supply Chain Risk Management
Get Permission In light of the global shortage of semiconductors, which affects virtually every industry, President Joe Biden signed an executive order Wednesday requiring a federal review of supply chain risks for these chips. Also to be reviewed are supply chain risks for information and communications technology and the pharmaceutical industry, which is responding to the COVID-19 pandemic. The executive order requires agencies to assess within the next year any risks or disruptions that might cause a shortage of supply or a security issue. It instructs the U.S. Commerce Department to cond...