Building a Resilient U.S. Consumer Technology Supply Chain
With the developments of the past few years—including the disruptions from the COVID-19 pandemic and rising geopolitical tensions—supply chain resiliency has been a top priority for every company. Consumer technology manufacturers are no exception. Companies involved in creating the products and components that are critical to our everyday lives face an urgent need to make their supply chains far less vulnerable to events that could interrupt their businesses and impede their ability to serve customers.
This need was the impetus for a major research study commissioned by the Consumer Technology Association and conducted by Kearney that explored how U.S. consumer technology manufacturers could build resiliency by reducing their supply chains’ dependence on Mainland China and Taiwan. This effort coincides with recent policy movements by the U.S. government incentivizing companies to bring their supply chains back to the United States, as well as companies’ own interest in and steps toward moving some of their operations out of Mainland China and Taiwan.