GlobalData: DoD global supply chain exposure poll
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A recent poll conducted by GlobalData found that 58% of respondents expect the Department of Defense (DoD) to reduce its global supply chain exposure as a result of the COVID-19 pandemic. A likely result of COVID-19’s effects will be an increase in domestic sourcing of key components in the US market and attempts to increase supply chain resilience. As the crisis peaked in the US, disruption to the supply chain was countered by funding through the CARES act which sped up contract obligations and led to the DoD allocating more than $3 billion into the supply chain to mitigate the effects of COVID-19, processing over $2 billion in invoices as of 20th June.
The post GlobalData: DoD global supply chain exposure poll appeared first on Army Technology.
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