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Technology

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As part of Europe’s economic recovery, the EU Commission has acknowledged the trading bloc’s technological and strategic dependencies will need to be addressed. The EU Commission identified a number products imported into the EU on which the EU is highly dependent in notably sensitive sectors. The EU Commission also performed six in-depth reviews on the origin of strategic dependencies and their impact on importation. The EU Commission concluded that it will continue to work on…

The Biden Administration has taken some initial steps towards identifying vulnerabilities in the semiconductor manufacturing and advanced packaging supply chain, which was one of the four critical supply chains addressed in President Biden’s February 24, 2021 Executive Order on “America’s Supply Chains” (“the Supply Chain EO”). As detailed in our March 2, 2021 blog post, the Supply Chain EO requires relevant government agencies in these four critical areas to submit a report within 100 days…

A key challenge of supply chain compliance management is access to reliable real-time information.  Apps and technology tools can offer a possible solution, though they also come with some risks. There is an increasing array of data analytics products utilizing data on the market that seek to support supply chain compliance by providing up-to-date data and other analytics to help businesses navigate increasingly complex supply chain compliance issues. The COVID-19 pandemic has seen even more…

Blockchain technology was born in the midst of the financial crisis and proposed as a means of reliably transferring a store of value without using a bank or other financial intermediary. Bitcoin was the first such blockchain token, and multiple cryptocurrencies have followed. But blockchain use cases extend far beyond the financial world, and some of the more creative uses of blockchain technology have emerged in the supply chain. The numerous benefits of blockchain to…

When multiple industry groups join efforts to push back on regulations proposed by the US Department of Commerce (“Commerce”), it likely means two things: first, the topic is highly relevant to many US businesses, and second, the proposed regulations need further refining. Many trade associations and businesses expressed concerns with the highly anticipated proposed regulations issued by Commerce on November 26, 2019 (“Proposed Regulations”) to implement Executive Order 13873, “Securing the Information and Communications Technology…