Bypass Global Supply Chains and Support Local Manufacturers

in blurt •  2 years ago 

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The delays and confusion caused when a 200,000-ton cargo ship got stuck in the Suez Canal sent ripples through the U.S. economy and led many people to explore alternatives to the global supply chain, which is also susceptible to other forces ranging from weather to cyberattacks.Although global cargo traffic has become the norm for obtaining many products used in the United States, innovative companies such as Baru are examples of a trend towards supporting local manufacturers of American-made and locally-sourced products.Treasury Secretary Janet Yellen recently described the United States’ reliance on foreign supply chains as "a vulnerability," and emphasized the need to produce more goods domestically for economic and security reasons.

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