In Cloud Wars Horizon Minute, episode 80, Tom Smith weighs in on reported legislation to address supply chain woes.
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00:16 — Ronald Reagan famously said the most terrifying words you can hear are: I’m from the government and I’m here to help. Reagan’s wisdom applies to new legislation to improve the painful shortcomings that have been exposed in the nation’s supply chains since 2020.
00:29 — The Wall Street Journal recently reported on the legislation, which aims to force leaders at 6 cabinet-level agencies — including Transportation, Defense, and Commerce — to identify weaknesses in supply chains that could hurt national security and domestic manufacturing.
00:48 — Tom says he applauds the sponsors’ sorely needed bipartisanship, and their willingness to take on a huge problem — and their areas of focus make sense. Our resident supply chain expert, Joanna Martinez, recently explained how potentially problematic the continuing reliance on China is for U.S. manufacturers. But he’s skeptical that government intervention will move the needle.
02:10 — The problems are improving, and the industry worked out solutions without government help. It took longer than it should have, but one thing top performers excel at is learning from mistakes. Unless there’s another global pandemic, combined with run-away inflation, top performers should not get caught flat-footed again — and their example will be followed by others.
02:32 — Agility in responding to problems, aided by technology and co-innovation, is a hallmark of industry and the technology community, not the government.
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