Filtering by
- Creators: Barrett, The Honors College
- Creators: School of International Letters and Cultures
Supply chain management is becoming an increasingly vital component in the success of an organization. Business and government leaders continue to recognize the importance of having robust and resilient supply chains. This trend has been accelerated by the COVID-19 pandemic which brought to light the fragility of the modern global supply chain network. Decades of offshoring has led to the inability of businesses to adequately manufacture critical supplies in times of crisis. This reality is most prevalent in the healthcare industry. Antibiotics, pharmaceuticals, PPE, testing equipment are almost entirely sourced from Chinese manufacturers. Building a more resilient healthcare supply chain requires a revaluation of critical items, cooperation between businesses and government, and recognizing the precarious situation for the United States which has become completely reliant on foreign manufacturers. <br/> Businesses are looking to develop more resilient supply chains which can respond and predict unforeseen market circumstances. The federal government is reckoning the national security concern of sourcing nearly all antibiotics, and pharmaceuticals from Chinese manufacturers. Aligning the goals of key stakeholders and developing the necessary incentive structure to encourage domestic manufacturing is necessary to respond to this crisis. As the global economy becomes increasingly interconnected and dependent on changes to markets anywhere on the globe, a renewed focus on proactive strategies is necessary to ensure the security and resiliency of the United States healthcare supply chain.
Normally one associates competitive advantages with companies instead of countries. However, when it comes to international trade it is important to try and understand why some countries have had more success than others in exporting different commodities. The goal of this project is to outline and conduct a strategic analysis of countries exporting softwood logs and sawn wood to the Chinese market and address the issues China’s demand will have to face. This issue is that Russia is proposing and already in the works of initiating a ban on exporting softwood logs in January 2022. With Russia withdrawing, this will leave a large gap in the market share for which other countries will have an opportunity to capture. Therefore, this project focuses on a comparative analysis of what strategies countries could implement to sustain this demand. China has grown and continues to be the largest consumer of softwood in the world. This has led to sustainability being a large concern for Russia who has been the longest major supplier of softwood timber to China. China also knows that by itself it does not have enough wood to support its entire population and relies heavily on importing timber from other countries. Now with Russia discontinuing to export softwood logs in 2022, China will need to find a way to import enough softwood logs to meet its demand. The main question this project tries to answer is how and which countries will be able to do this. By analyzing the external environment of China’s softwood imports, the internal environment of countries, and then concluding with a SWOT analysis this project will try to assess which countries have the capabilities and resources to jump on this opportunity.