U.S. Treasury Secretary Janet Yellen called on “trusted” U.S. allies to strengthen trade relationships to shore up global supply chains disrupted by the pandemic, worsened by Russia’s war in Ukraine and threatened longer term by a reliance on China.
Michael Walsh, partner with the law firm of Foley & Lardner LLP, discusses the impact on supply chains to date arising from Russia’s invasion of Ukraine, and what further effects companies might experience in the months to come.
Maureen Sullivan, head of supply chain finance with MUFG, explains how current product shortages are driving a shift in inventory management away from “just in time” to “just in case.”
It’s getting complicated for investors in semiconductors, with last year’s big chip shortage morphing into an inventory glut for some companies, and others getting caught up in geopolitics.
A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse, according to the head of the International Energy Agency.