In early May 2020, Mereo principals shared seven predictions of COVID-19’s lasting impacts on go-to-market organizations.
One of these predictions detailed the massive disruption to the global supply chain and the hefty changes to come. While COVID-19 has been a catalyst for supply chain disruption and discussions — there are additional geo-political forces at play that deepen supply chain impacts and future actions.
A recent article in the Wall Street Journal, “Huawei and the U.S.-China Tech War,” reinforces our supply chain principal predictions, namely regarding the vital need for:
Enhanced supply security
Better supply chain agility
Strategy shift from sole-sourcing to multi-sourcing
The article details the heightened regulations the U.S. Commerce Department has placed on Huawei, the Chinese telecom giant which is seen as a threat due to its inability to be autonomous from the Chinese government. It also discusses the recently announced plans for building a factory in Arizona for Taiwan-based TSMC, the largest semiconductor
