ANALYSIS: Five Reasons the U.S. Has Lost Its Supply-Chain Edge

The coronavirus has exposed U.S. supply chain vulnerability. But what is driving that vulnerability, and what can be done to rebuild resiliency at a national level in the short and long term? The answers to these questions aren’t that surprising, but they may signal a renewed effort on the part of the Biden Administration to realign private sector incentives to achieve a more resilient and coordinated supply chain strategy going forward.

The administration believes that America’s supply chain problems are rooted in insufficient domestic manufacturing capacity—the product of years of decline due to a singular focus on efficiency and low ...