Global Supply Chain Security
International trade has been and continues to be a powerful engine of global economic growth. In recent years, communications technology advances, trade barriers, and production cost reductions have contributed to global capital market expansion and new economic opportunity. The global supply chain system that supports this trade is essential to the United States’ economy and is a critical global asset. The National Strategy for Global Supply Chain Security (the Strategy) articulates the United States Government’s policy to strengthen the global supply chain in order to protect the welfare and interests of the American people and secure our nation’s economic prosperity. The focus of this Strategy is the worldwide network of transportation, postal, and shipping pathways, assets, and infrastructures by which goods are moved from the point of manufacture until they reach an end consumer, as well as supporting communications infrastructure and systems. The Strategy includes two goals:
Goal 1: Promote the Efficient and Secure Movement of Goods – The first goal of the Strategy is to promote the timely, efficient flow of legitimate commerce while protecting and securing the supply chain from exploitation and reducing its vulnerability to disruption. To achieve this goal, the integrity of goods will be enhanced as they move through the global supply chain. As a nation, we will also understand and resolve threats early in the process, and strengthen the security of physical infrastructures, conveyances and information assets, while seeking to maximize trade through modernizing supply chain infrastructures and processes
Goal 2: Foster a Resilient Supply Chain – The second goal of the Strategy is to foster a global supply chain system that is prepared for, and can withstand, evolving threats and hazards and can recover rapidly from disruptions. To achieve this efforts will be prioritized to mitigate systemic vulnerabilities and refine plans to reconstitute the flow of commerce after disruptions. This approach will be informed by the following guiding principles:
- Galvanize Action – Integrate and spur efforts across the United States Government, as well as with State, local, tribal, and territorial governments, the private sector, and the international community.
- Manage Supply Chain Risk – Identify, assess, and prioritize efforts to manage risk by utilizing layered defenses, and adapting our security posture according to the changing security and operational environment.
In support of the Strategy, at the Federal level, stakeholders will update threat and risk assessments; align programs and resources; and engage government, private sector, and international stakeholders. The purpose of this engagement is to seek specific recommendations to inform and guide collaborative implementation of the Strategy.
The full report on The National Strategy for Global Supply Chain Security can be found here.